A sum of money at simple interest amounts to Rs.815 in 3 years and to Rs. 854…
2026
A sum of money at simple interest amounts to Rs.815 in 3 years and to Rs. 854 in 4 years. The sum is
Answer: C. Rs. 698 — Solution: 3 We have amount after 4 years = Rs 854 Amount after 3 years = Rs 815 Hence, interest for 4th year = Rs 854 – Rs 815 = Rs 39 Hence interest for…
- A.
Rs. 650
- B.
Rs. 690
- C.
Rs. 698
- D.
Rs. 700
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Correct answer: C
Solution: 3
We have amount after 4 years = Rs 854
Amount after 3 years = Rs 815
Hence, interest for 4th year = Rs 854 – Rs 815
= Rs 39
Hence interest for first 3 years = Rs 39 × 3
= Rs 117
Hence amount at the starting of point = Rs 815 – Rs 117
= Rs 698
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