1.  A sum fetched a total simple interest of ₹ 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
A. ₹ 4462.50
B. ₹ 8032.50
C. ₹ 8900
D. ₹ 8925
E. None of these

Answer: Option D

Explanation:

Principal
= ₹ 100 x 4016.25
9 x 5
= ₹ 401625
45
= ₹ 8925.