Sectional Test Quant (Q24): What is the Simple Interest earned on a principal sum of ₹9800 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹1960
2. (B) ₹2010
3. (C) ₹1920
4. (D) ₹2060
5. (E) ₹1880

Verified Answer

Option (A): ₹1960

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a12e6b-bf77-76a5-b93a-9333ba2e8ac5/sectional-test-quant-q24-what-is