A sum fetched a total simple interest of rs 4016.25 at the rate of 9% p.a. in 5 years. What is the sum? A).Rs. 4462.50 B).Rs. 8032.50 C).Rs. 8900 D).Rs. 8925

Answer: D).Rs. 8925

Solution: By the formula of Simple interest, we know,

S.I. = (Principal x Rate x Time)/100

Principal = (S.I. x 100)/(Rate x Time)

P = (100×4016.25)/9 x 5

P = Rs. 8925. 

Was this answer helpful?


4.5 (1)


Choose An Option That Best Describes Your Problem

Thank you. Your Feedback will Help us Serve you better.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *




Free Class