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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 .  Rs. 4462.50
B .  Rs. 8032
C .  Rs. 8900
D .  Rs. 8925
E .  None of these
Answer: Option D

Principal  = Rs `((100 xx 4016.25)/(9 xx 5))`

=Rs. ` (401625/45)`

=Rs 8925



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