In how many years will Rs. 6200 double itself at 6% simple interest per annum?
Difficulty: Hard
About this MCQ
This Hard interest Mcqs question asks: In how many years will Rs. 6200 double itself at 6% simple interest per annum? The correct choice is D. 17 years. Read the options below, commit to one, then use the explanation to see why that choice holds and why the others do not.
interest Mcqs items like this one are written for Pakistan exams such as CSS, FPSC, PPSC, and NTS. The difficulty label is a hint about how much of the topic the stem assumes, not a score. Tags and exam names, when they are present, tell you where else the same idea is tested. Previous and next links stay in interest Mcqs so you can continue the subject. Related questions point at nearby stems if you want another angle on the same idea.
Treat the explanation as part of the question, not a footnote. If you missed it, reread the stem against the correct option before you open the next interest Mcqs item. A timed quiz is the same pool with a clock and a score. A past paper is a full sitting rather than this single question.
- A. 18 years
Why not A: “18 years” is not 17 years.
- B. 21 years
Why not B: “21 years” is not 17 years.
- C. 19 years
Why not C: “19 years” is not 17 years.
- D. 17 years ✓
Correct answer
D. 17 years
Explanation
17 years (option D) is the accepted answer to “In how many years will Rs. 6200 double itself at 6% simple interest per annum”. Option A (18 years) is a different value from 17 years. Option B (21 years) is a different value from 17 years. Option C (19 years) is a different value from 17 years. Keep 17 years 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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