Sectional Test Quant (Q5): What is the Simple Interest earned on a principal sum of ₹6000 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹1200
2. (B) ₹1250
3. (C) ₹1160
4. (D) ₹1300
5. (E) ₹1120

Verified Answer

Option (A): ₹1200

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a12e6b-bf5d-7a33-aa6e-e4975007ee98/sectional-test-quant-q5-what-is