Close sidebar

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.

Your Answer

p=(s.i * 100)/(r * t)
=(4016.25 * 100)/(9 * 5)
=8925

Comment
Practice Mock Test
nda