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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?

/ Aptitude, Simple Interest / By
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?

[A].

Rs. 4462.50

[B].

Rs. 8032.50

[C].

Rs. 8900

[D].

Rs. 8925

Answer: Option D

Explanation:

Principal
= Rs. 100 x 4016.25
9 x 5
= Rs. 401625
45
= Rs. 8925.