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

  1. A.

    Rs. 650

  2. B.

    Rs. 690

  3. C.

    Rs. 698

  4. 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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