Sectional Test Quant (Q4): What is the Simple Interest earned on a principal sum of ₹5800 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹1160
2. (B) ₹1210
3. (C) ₹1120
4. (D) ₹1260
5. (E) ₹1080

Verified Answer

Option (A): ₹1160

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