In 5 years, a money earned a total simple interest of Rs. 4016.25 at a rate of 9 percent per annum. What's the total?
A. Rs. 4462.50
B. Rs. 8032.50
C. Rs. 8900
D. Rs. 8925
Answer:D
In 5 years, a money earned a total simple interest of Rs. 4016.25 at a rate of 9 percent per annum. What's the total?
A. Rs. 4462.50 B. Rs. 8032.50 C. Rs. 8900 D. Rs. 8925
Explanation: The principal is equal to Rs. 100 x 4016.25/9 x 5 = Rs. 401625/45 = Rs. 8925.