Multiple Choice Questions on 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 ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

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 ...........

Quantitative Aptitude ( CCS) Simple Interest
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    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?

    Rs. 8,925

    Correct Answer

    Rs. 8032.50

    Incorrect Answer

    Rs. 4,464.50

    Incorrect Answer

    Rs, 8,900

    Incorrect Answer
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    Explanation:

    Let P = 100

    S.I = 100*9*5/100 = 45 --------> 4016.25

    1 ---------> 4016.25/45

    100 ---------> 89.25 * 100 = 8925 Rs.
     

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