Sectional Test Quant (Q26): What is the Simple Interest earned on a principal sum of ₹10200 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹2040
2. (B) ₹2090
3. (C) ₹2000
4. (D) ₹2140
5. (E) ₹1960

Verified Answer

Option (A): ₹2040

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