What is the sum

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. Rs. 650
  2. Rs. 690
  3. Rs. 698
  4. Rs. 700
Anurag Mishra Professor Asked on 8th January 2016 in Maths.
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1 Answer(s)

Answer: 

Explanation:-
Let the principal be Rs. X
A sum of money at the simple interest amounts to Rs. 815 in 3 years  and to Rs. 854 in 4 years.
Then, the simple interest of 1 years = 854 – 815
= Rs. 39

Anurag Mishra Professor Answered on 8th January 2016.
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