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:
62 comments Page 7 of 7.
Prasad said:
8 months ago
SI = 4016
R = 9%p.a
T = 5yrs
P = ?
9 × 5 = 45%
45% = 4016.25
100% = ?
Ans = 8925.
R = 9%p.a
T = 5yrs
P = ?
9 × 5 = 45%
45% = 4016.25
100% = ?
Ans = 8925.
(8)
Tahir Qureshi said:
11 hours ago
Total simple interest is 4016.25.
Collect in 5years.
At a Rate of 9%p.a.
then SI =4016.25.
Rate = 9 * 5 = 45%.
Now, 4016.25/45 * 100.
= 401625/45.
= 8925.
Collect in 5years.
At a Rate of 9%p.a.
then SI =4016.25.
Rate = 9 * 5 = 45%.
Now, 4016.25/45 * 100.
= 401625/45.
= 8925.
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