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 5 of 7.
Anusiya said:
4 years ago
Pcpa means;
pc means percentage.
Pa means per annum.
pc means percentage.
Pa means per annum.
(59)
Khushi said:
1 month ago
Thanks for explaining the problem with the formula.
Joyal said:
10 years ago
Can't the interest added by the previous interest?
Nanga sirisha said:
5 months ago
4016.25*100 = 401625.
9*5 = 45,
401625/45 = 8925.
9*5 = 45,
401625/45 = 8925.
(1)
Jyothi said:
2 decades 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:
5 years ago
PCPA is used for compound interest. Right?
(3)
Lakshmi said:
9 years ago
I understand your concept thanks @Bhavna.
Mani said:
1 decade ago
Refer important formulas in S.I @ bhaskar
Devi said:
2 decades ago
S I = P*R*T /100
P = (100 x S.I)/(R x T)
P = (100 x S.I)/(R x T)
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