Aptitude - Simple Interest - Discussion
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Read more:"I never think of the future. It comes soon enough."
- Albert Einstein
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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?
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| [A]. |
Rs. 4462.50 | [B]. |
Rs. 8032.50 | | [C]. |
Rs. 8900 | [D]. |
Rs. 8925 | | [E]. |
None of these |
Answer: Option A
Explanation:
| Principal |
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100 x 4016.25 |
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| 9 x 5 |
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401625 |
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| 45 |
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= Rs. 8925.
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Dipak said:
(Sat, Dec 4, 2010 07:21:36 AM)
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| Which formula to use? |
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Prabu said:
(Mon, Dec 6, 2010 11:41:39 AM)
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| Why you take *100? |
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Devi said:
(Tue, Dec 14, 2010 06:53:30 AM)
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S I = P*R*T /100
P = (100 x S.I)/(R x T) |
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Rsd said:
(Fri, Jan 28, 2011 04:50:52 AM)
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| too simple |
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Munjal said:
(Thu, May 5, 2011 01:33:39 AM)
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| What is P.C.P.A.? |
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Jyothi said:
(Wed, Jun 1, 2011 06:07:00 AM)
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| P.C.P.A. stands for Percent Compounded Per Annum. |
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Machender said:
(Sun, Aug 28, 2011 11:22:33 AM)
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| @Jyothi absolutely right. |
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Atharva said:
(Sun, Feb 5, 2012 07:51:54 PM)
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I=P*N*R/100
4016.25=P*5*9
4016.25=P*45
P=4016.25/45
P=89.25*100
P=8925 |
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