HomeEngineeringWhat is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ? 1367. What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ?By Admin / September 7, 2025 A. Effective rate of interest B. Nominal rate of interest C. Compound interest D. Simple interest ✅ The correct answer is option D.
1. A fire tube boiler is limited to a maximum steam pressure of about __________ kg/cm². Leave a Comment / Basic Chemical Engineering MCQs, Chemical Engineering, Engineering / By Admin
2. Transformer cores are normally made from Leave a Comment / Basic Chemical Engineering MCQs, Chemical Engineering, Engineering / By Admin