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Question

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 .  4462.50
B .  8032.50
C .  8900
D .  8925
E .  None of these
Answer: Option D
 -   Principal = Rs.   100 x 4016.25   9 x 5   = Rs.  
401625   45  
= Rs. 8925.

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