Simple interest and compound interest problems indiabix
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HerE iS uR Answer
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?
A.Rs. 4462.50B.Rs. 8032.50C.Rs. 8900D.Rs. 8925E.None of these
Answer iS Option :D
Principal= Rs.100 x 4016.259 x 5= Rs.40162545= Rs. 8925.
HopE it helpS ^_^
HerE iS uR Answer
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?
A.Rs. 4462.50B.Rs. 8032.50C.Rs. 8900D.Rs. 8925E.None of these
Answer iS Option :D
Principal= Rs.100 x 4016.259 x 5= Rs.40162545= Rs. 8925.
HopE it helpS ^_^
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