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A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. - Entry Test MCQ's - Engineering Forum
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A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a.
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A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a.
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mechanic
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A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a.
«
on:
May 21, 2017, 02:51:11 PM »
Question:
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?
Options are:
A. Rs. 4462.50
B. Rs. 8032.50
C. Rs. 8900
D. Rs. 8925
E. None of these
Correct answer is:
D. Rs. 8925
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