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?
Choose the correct choice from the following answers
A) 3888
B) 2988
C) 2777
D) 8925
E) 288
Principal = (100 * 4016.25) / (9 * 5) = Rs. 8925.Answer: 8925
<result>D</result>
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?