Sectional Test Quant (Q2): What is the Simple Interest earned on a principal sum of ₹5400 deposited for 2 years at an annual interest rate of 10%?

Subject: Quantitative Aptitude | Topic: Simple & Compound Interest | Difficulty: EASY

Options

1. (A) ₹1080
2. (B) ₹1130
3. (C) ₹1040
4. (D) ₹1180
5. (E) ₹1000

Verified Answer

Option (A): ₹1080

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a12e6b-bf55-71cc-8b6f-acc87a9d21c6/sectional-test-quant-q2-what-is