Sectional Test Quant (Q13): What is the Simple Interest earned on a principal sum of ₹7600 deposited for 2 years at an annual interest rate of 10%?

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

Options

  1. (A) ₹1520
  2. (B) ₹1570
  3. (C) ₹1480
  4. (D) ₹1620
  5. (E) ₹1440

Verified Answer

Option (A): ₹1520


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