Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).
Financial MathematicsSimple and Compound Interest
What will be the simple interest on Rs 4000 at 12.5% per annum for the period from 4th February 2005 to 18th April 2005?
- A.Rs 110
- B.Rs 120
- C.Rs 95
- D.Rs 100Correct answer
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Practice these MCQs in the appQuick fact: The simple interest on Rs 4000 at 12.5% per annum for 73 days is Rs 100.