Question 1:

There was simple interest of Rs. 4016.25 on a principal amount at the rate of 9%p.a. in 5 years. Find the principal amount

A. Rs 7925

B. Rs 8925

Feedback P = S.I.*100/R*T
P= 4016.25*100/9*5 = 8925

C. Rs 7926

D. Rs 7925

These questions are from this test. Would you like to take a practice test?

Simple Interest Online Test 1 | Englishfreetest.com

Name: Englishfreetest.com
Rating: 4,8 (1860 reviews)

Some questions from the same exam