Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 3)
3.
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?
Answer: Option
Explanation:
| Principal |
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| = Rs. 8925. |
Discussion:
61 comments Page 1 of 7.
Dipak said:
1 decade ago
Which formula to use?
Prabu said:
1 decade ago
Why you take *100?
Devi said:
1 decade ago
S I = P*R*T /100
P = (100 x S.I)/(R x T)
P = (100 x S.I)/(R x T)
Rsd said:
1 decade ago
too simple
Munjal said:
1 decade ago
What is P.C.P.A.?
Jyothi said:
1 decade ago
P.C.P.A. stands for Percent Compounded Per Annum.
Machender said:
1 decade ago
@Jyothi absolutely right.
Atharva said:
1 decade ago
I=P*N*R/100
4016.25=P*5*9
4016.25=P*45
P=4016.25/45
P=89.25*100
P=8925
4016.25=P*5*9
4016.25=P*45
P=4016.25/45
P=89.25*100
P=8925
Bhaskar said:
1 decade ago
Why 9 is in denominator, The formula is P.R.T/100 and here the Rate and Time is in numerator ?
Mani said:
1 decade ago
Refer important formulas in S.I @ bhaskar
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