Sectional Test Quant (Q33): What is the Simple Interest earned on a principal sum of ₹11600 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹2320
2. (B) ₹2370
3. (C) ₹2280
4. (D) ₹2420
5. (E) ₹2240

Verified Answer

Option (A): ₹2320

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