A sum fetched total simple interest of 4016.25 at the rate of 10 p.c.p.a. in 5 years. What is the sum?
Choose the correct choice from the following choices:
A) 8925
B) 8032.5
C) 4462.5
D) 8900
E) none of these

Rationale: let the sums be p . now , 50 % of p = 4016.25 or , p = 8032.5 answer b
Answer: B