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:
62 comments Page 4 of 7.

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

Niharika said:   6 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.

Chinna said:   1 decade ago
It is very simple.

Just multiply rate of interest and time.

i.e, 9x5 = 45%.

Here 45% = 4016.25 then.

100% = ?

Hence 100% = 401625/45 = 8925.

Thank you.

Prabu said:   2 decades ago
Why you take *100?

Devi said:   2 decades ago
S I = P*R*T /100

P = (100 x S.I)/(R x T)

Rsd said:   2 decades 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


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