Question

A sum fetched a total simple interest of rs. 4016.25 at the rate of 9 % p.A. In 5 years. What is the sum?

Answer 1

Let the sum be x

rate= 9 % p.a.

time =5 years

S.I.= Rs. 4016.25

therefore, x * 5*9/100=4016.25

 x*5*9=401625

x=401625/5*9

x=80325/9

x=Rs. 8925

hope it helps