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:
- A.
Rs. 650
- B.
Rs. 690
- C.
Rs. 698
- D.
Rs. 700
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Correct answer: C
Answer: Option C
Explanation:
S.I. for 1 year = Rs. (854 - 815) = Rs. 39.
S.I. for 3 years = Rs.(39 x 3) = Rs. 117.
Principal = Rs. (815 - 117) = Rs. 698.