A sum fetched total simple interest of 4016.25 at the rate of 11 p.c.p.a. in 5 years. What is the sum?	Choose the correct choice.
A) 8925
B) 8032.5
C) 7302.3
D) 8900
E) None of these
Let the sums be P.   Now, 55% of P = 4016.25   or, P = 7302.3   Answer 7302.3
<result>C</result>
A sum fetched total simple interest of 4016.25 at the rate of 11 p.c.p.a. in 5 years. What is the sum?