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?

options a).Rs. 4462.50 b).Rs. 8032.50 c).Rs. 8900 d).Rs. 8925 E). None of above.

  • Nitin
  • 15 Oct
  • 104080 Views
  • 3 Answers
Your Answer

d) S.I=(P*R*T)/100
P=(4016.25*100)/(9*5)=8925

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