A sum at simple interests at 13 ½ % per annum amounts to Rs.2502.50 after 4 years find the sum. Choose the correct choice from the following options
A) 1525	B) 1625	C) 1725	D) 1825	E) 1925
let the sum be x=P   then sum(P)+(P*R*T)/100=2502.50   therefore   x+(x*4*13.5)/100=2502.50   x=1625   ANSWER:1625
<result>B</result>
A sum at simple interests at 13 ½ % per annum amounts to Rs.2502.50 after 4 years find the sum.