Question
Quantitative Aptitude Question on Simple Interest
A certain sum fetched simple interest of ₹3200 at the rate of 6.25% per annum in 4 years. What is the sum?
A
₹13000
B
₹12800
C
₹12500
D
₹12000
Answer
₹12800
Explanation
Solution
The correct option is(B): ₹12800