A sum fetched a total simple interest of Rs.

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?

Quiz

Answer/Solution

8925

Steps/Work

Sol.
Principal = Rs. [100 * 4016.25 / 9 * 5] = Rs. [401625 / 45] = Rs. 8925.
Answer A

Gain Calculator / Auto Solver

A sum fetched a total simple interest of $ at the rate of p. C. P. A. In years. What is the sum?

Calculated Answer

8925

Step by Step Solution

In order to solve problem, you must evaluate ((n0 * 100) / n1) / n2.

n0 =4016.25
n1 =9
n2 =5