The simple interest at the rate of p% per annum for p years will be ₹ p. Then, the principal is _____

CA Foundation · Quantitative Aptitude · PYQS · May 2026
The simple interest at the rate of p% per annum for p years will be ₹ p. Then, the principal is _____
(A) A. p
(B) B. ₹100 p
(C) C. 100 / p 2
(D) D. 100 / P

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. 100 / P

Topics: Part-A: Business Mathematics

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