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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?

  • A.Rs. 4462.50
  • B.Rs. 8032.50
  • C.Rs. 8900
  • D.Rs. 8925

Answer: D

Principal = (100 * 4016.25) / (9 * 5) = Rs. 8925.

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