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?
Rs. 4462.50
Rs. 8032.50
Rs. 8900
Rs. 8925
None of these
Answer: Option
Explanation:
Principal
= Rs. 100 x 4016.25
9 x 5
= Rs. 401625
45
= Rs. 8925.
Discussion:
61 comments Page 2 of 7.

Niharika said:   5 years ago
@Basil.

It is given in the question that it is simple interest. So SI formula is applied here. PCPA stands here for per cent per annum.

Vikash said:   5 years ago
Given,
S.I = 4016.25.

we know S.I = R*T%.
S.I = 9*5 = 45%.

45% - 4016.25.
100% - 4016.25*100/45 = 8925.
(7)

Narendra ahirwar said:   6 years ago
Given:
s.i. =4016.25.
r=9,
t=5 y.

p = (100*s.i.)/r*t.
= 100*4016.25/9*5,
= 401625/45,
= 8925 ans.
(3)

Sunita balami said:   6 years ago
S.I = PTR/100.

Karthick said:   6 years ago
Why we take 100?

I can't understand this problem. Please anyone explain this problem.
(1)

Basil said:   6 years ago
P.C.P.A is percent compound per annum. Why is it using simple interest formula?

Mit said:   6 years ago
Is it asking for principal or principal+ interest. Please tell me.

Anomie said:   6 years ago
P.C.P.A. Stands for Percent "Compounded" Per Annum. Then why simple interest is given in the question?

Nimazz said:   7 years ago
How 401625/45? Please explain in detail.

Arun said:   7 years ago
Here, p.c.p.a Indicates the rate for compound interest.


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