13. If Raju gets an interest of * 405 for one year at 9% p.a.,
what is the sum he had invested ?
(A) 5000
(B) * 4500
(C) 5500
(D) 6000
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Answer:
Given,
Simple interest=Rs.405
Rate of interest=9%p.a
Time=1year
We know,
S.I=
100
PRT
where,
P=principal
R=rate of interest
T=time
405=P*R*1/100
P=405*100/9
P=40500/9
P=4500
HENSE 4500RS IS WHAT HE INVESTED
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