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:
64 comments Page 3 of 7.
Vineeth said:
8 years ago
A=p(1+RT/100).
A=total money, borrow,
P=lended,loan,sum,
R=rate,
T=time.
A=total money, borrow,
P=lended,loan,sum,
R=rate,
T=time.
Shreekant said:
9 years ago
Why 100 is multiplied?
Vinaya said:
9 years ago
Hi friends! I am Vinaya.
Here we have to find d sum(p).
So formula we know is S.I=P*R*T/100;.
SO, p=S.I*100/R*T--->given S.I=4016.25 we can write it as 401625/100...R=9,T=5.
Substitute the values ...P=401625*100/100*9*5..
After calculation, we get 8925.
Here we have to find d sum(p).
So formula we know is S.I=P*R*T/100;.
SO, p=S.I*100/R*T--->given S.I=4016.25 we can write it as 401625/100...R=9,T=5.
Substitute the values ...P=401625*100/100*9*5..
After calculation, we get 8925.
Shahi Fazal said:
9 years ago
Total S.I-Rs4016.25.
Rate-9%
Time-5yrs
S.I.=[P*R*T/100]
So,
P=[S.I.*100/R*T]
P=[4016.25*100/9*5]
=8925 Ans.
Rate-9%
Time-5yrs
S.I.=[P*R*T/100]
So,
P=[S.I.*100/R*T]
P=[4016.25*100/9*5]
=8925 Ans.
Lakshmi said:
9 years ago
I understand your concept thanks @Bhavna.
Arun said:
8 years ago
Here, p.c.p.a Indicates the rate for compound interest.
Nimazz said:
8 years ago
How 401625/45? Please explain in detail.
Anomie said:
8 years ago
P.C.P.A. Stands for Percent "Compounded" Per Annum. Then why simple interest is given in the question?
Mit said:
7 years ago
Is it asking for principal or principal+ interest. Please tell me.
Basil said:
7 years ago
P.C.P.A is percent compound per annum. Why is it using simple interest formula?
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