Find the simple interest on Rs. 9450 for 5 years at 5% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: A. Rs. 2362.
- A. Rs. 2362 ✓
- B. Rs. 2017
Why not B: “Rs. 2017” is not Rs. 2362.
- C. Rs. 2719
Why not C: “Rs. 2719” is not Rs. 2362.
- D. Rs. 2909
Why not D: “Rs. 2909” is not Rs. 2362.
Correct answer
A. Rs. 2362
Explanation
Rs. 2362 (option A) is the accepted answer to “Find the simple interest on Rs. 9450 for 5 years at 5% per annum.”. Option B (Rs. 2017) is a different value from Rs. 2362. Option C (Rs. 2719) is a different value from Rs. 2362. Option D (Rs. 2909) is a different value from Rs. 2362. Keep Rs. 2362 as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
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