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 5 of 7.

Joyal said:   9 years ago
Can't the interest added by the previous interest?

Jyothi said:   1 decade ago
P.C.P.A. stands for Percent Compounded Per Annum.

Kruba karan said:   1 decade ago
What is another way to solve this problem?

Anonymous said:   4 years ago
PCPA is used for compound interest. Right?
(2)

Devi said:   1 decade ago
S I = P*R*T /100

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

Lakshmi said:   8 years ago
I understand your concept thanks @Bhavna.

Mani said:   1 decade ago
Refer important formulas in S.I @ bhaskar

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

Thies said:   1 decade ago
What about the interest on interest?

Swadhin said:   3 years ago
What is p.c.p.a? Explain it please.
(3)


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