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.
Joyal said:
9 years ago
Can't the interest added by the previous interest?
Kalian jee said:
9 years ago
Simple interest = 4016.25.
Rate = 9%.
Time=5 year's.
Sum = si * 100/r.
Sum=4016.25 * 100/9 * 5,
= 401625 ÷ 45.
Sum = 8925 answer.
Rate = 9%.
Time=5 year's.
Sum = si * 100/r.
Sum=4016.25 * 100/9 * 5,
= 401625 ÷ 45.
Sum = 8925 answer.
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