A sum fetched a total simple interest of 4020.75 at the rate of 9 %.p.a. in 5 years. What is the sum? Choose the correct choice from the following answers.
A) 5768  B) 8925  C) 2345  D) 6474  E) 8935

Rationale: "principal = ( 100 x 4020.75 ) / ( 9 x 5 ) = 402075 / 45 = 8935 . answer e"
Answer: E