Sectional Test Quant (Q22): What is the Simple Interest earned on a principal sum of ₹9400 deposited for 2 years at an annual interest rate of 10%?

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

Options

  1. (A) ₹1880
  2. (B) ₹1930
  3. (C) ₹1840
  4. (D) ₹1980
  5. (E) ₹1800

Verified Answer

Option (A): ₹1880


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