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