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Aptitude
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Computer Science
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Simple Interest
A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
Rs. 4462.50
Rs. 8032.50
Rs. 8900
Rs. 8925
None of these
Show Answer
Correct Answer:
Rs. 8925
Explanation:
Principal
= Rs.
❨
100 x 4016.25
❩
9 x 5
= Rs.
❨
401625
❩
45
= Rs. 8925.
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