In how many years will Rs. 1150 double itself at 10% simple interest per annum?
Difficulty: Hard
About this MCQ
Hard interest Mcqs item. Correct choice: B. 10 years.
- A. 8 years
Why not A: “8 years” is not 10 years.
- B. 10 years ✓
- C. 12 years
Why not C: “12 years” is not 10 years.
- D. 9 years
Why not D: “9 years” is not 10 years.
Correct answer
B. 10 years
Explanation
10 years (option B) is the accepted answer to “In how many years will Rs. 1150 double itself at 10% simple interest per annum”. Option A (8 years) is a different value from 10 years. Option C (12 years) is a different value from 10 years. Option D (9 years) is a different value from 10 years. Keep 10 years as the interest Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Interest
Submitted by: MCQsHub Editorial
Related MCQs
- Find the simple interest on Rs. 12000 for 6 years at 6% per annum.
- At what rate percent will Rs. 700 amount to Rs. 868 in 3 years at simple interest?
- In how many years will Rs. 3550 double itself at 4% simple interest per annum?
- In how many years will Rs. 7750 double itself at 5% simple interest per annum?
- At what rate percent will Rs. 14400 amount to Rs. 15552 in 2 years at simple interest?
- Find the simple interest on Rs. 15200 for 4 years at 7% per annum.