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Simple Interest - General Aptitude

Q1:

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

E None of these

ANS:D - Rs. 8925

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