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? Options: A . &nbspRs. 4462.50 B . &nbspRs. 8032.50 C . &nbspRs. 8900 D . &nbspRs. 8925

A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9% p.a. in

Question

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?

Options:

A . Rs. 4462.50

B . Rs. 8032.50

C . Rs. 8900

D . Rs. 8925

Answer: Option D

Principal = (100 * 4016.25) / (9 * 5) = Rs. 8925.

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