Question: 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
Rs. 690
Rs. 698
Rs. 700
[A].
[B].
[C].
[D].
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.