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 6 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.

Shathur Vikash said:   5 years ago
They've asked the sum for that interest amount.

So,
Let's 5 years interest is 4016.25.
Then 4016.25 / 5 = 803.25.
Now, 803.25 is 9% interest for a year,
Then 803.25 * 100/9 = 8925.
(10)

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

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

Basanti chakraborty said:   3 years ago
R=100%* SI/P * T.
=100* 4016.25/9*5
= 401625/45
= 8925 Ans.
(7)

Santhiya said:   3 years ago
Ans: 8925.

8925 * 9% = 803.25.
803.25 * 5 = 4016.25.
Look 4016.25 is matching. So, this answer is correct.
(14)

Vijay said:   3 years ago
P.C.P.N = Per Cent ,Per Annum.
(13)

Samridhi said:   2 years ago
Interest (I) = Rs. 4016.25.
Rate (R) = 9 pcpa.
Time (T) =5 years.
Principal (P)=?

I = (P×R×T)/100.
P= (I×100)/ R×T.

P= (4016.25×100)/ (9×5).
P= Rs 8925.
(64)

Anusiya said:   2 years ago
Pcpa means;

pc means percentage.
Pa means per annum.
(50)

Banupriya said:   1 year ago
Si = 4016.25
R = 9%
N = 5yrs
9×5 = 45%
45% = 4016.25

Take 1% = 4016.25/45 = 8925.
100% = we ×8925 = 8925 is correct answer.
(17)


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