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Quantitative Aptitude :: Simple Interest - Discussion

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Choose the correct option.

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?

ARs. 4462.50

BRs. 8032.50

CRs. 8900

DRs. 8925

ENone of these

Answer: Option (Login/Signup)

Show Explanation

Solution=  I =(P*R*T)/100  =>  4016.25= (P*9*5)/100



(4016.25/45)* 100 = P



P= 8925 RS

Asked In :: IBM HireMee

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