Find the simple interest on Rs. 9800 for 5 years at 3% per annum.
Difficulty: Easy
About this MCQ
Easy interest Mcqs item. Correct choice: D. Rs. 1470.
- A. Rs. 1282
Why not A: “Rs. 1282” is not Rs. 1470.
- B. Rs. 1335
Why not B: “Rs. 1335” is not Rs. 1470.
- C. Rs. 1810
Why not C: “Rs. 1810” is not Rs. 1470.
- D. Rs. 1470 ✓
Correct answer
D. Rs. 1470
Explanation
Rs. 1470 (option D) is the accepted answer to “Find the simple interest on Rs. 9800 for 5 years at 3% per annum.”. Option A (Rs. 1282) is a different value from Rs. 1470. Option B (Rs. 1335) is a different value from Rs. 1470. Option C (Rs. 1810) is a different value from Rs. 1470. Keep Rs. 1470 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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