Lessons

General Aptitude
3.1 Simple Interest - General Questions

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Q.

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?

View Answer

Correct choice: D

Explanation:

Principal
= Rs. 100 x 4016.25
9 x 5
 
= Rs. 401625
45
  = Rs. 8925.
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