Arithmetic Aptitude :: Simple Interest
2. 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?
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Solution= I =(P*R*T)/100 => 4016.25= (P*9*5)/100
(4016.25/45)* 100 = P
P= 8925 RS
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