Sectional Test Quant (Q11): What is the Simple Interest earned on a principal sum of ₹7200 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹1440
2. (B) ₹1490
3. (C) ₹1400
4. (D) ₹1540
5. (E) ₹1360

Verified Answer

Option (A): ₹1440

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