Sectional Test Quant (Q32): What is the Simple Interest earned on a principal sum of ₹11400 deposited for 2 years at an annual interest rate of 10%?

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

Options

1. (A) ₹2280
2. (B) ₹2330
3. (C) ₹2240
4. (D) ₹2380
5. (E) ₹2200

Verified Answer

Option (A): ₹2280

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