49. 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? Rs. 8925 Rs. 9000 Rs. 8920 Rs. 8900

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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49. 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? %
Rs. 8925
Rs. 9000
Rs. 8920
Rs. 8900
Transcribed Image Text:49. 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? % Rs. 8925 Rs. 9000 Rs. 8920 Rs. 8900
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