Q33
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
AnswerD.
Rs. 700
E.
None of these
Answer: Option C
Solution
Answer: Option C
Solution:
S.I. for 1 year = Rs. (854 - 815) = Rs. 39.
S.I. for 3 years = Rs.(39 x 3) = Rs. 117.
Therefore Principal = Rs. (815 - 117) = Rs. 698.