A sum of money at simple interest amounts to ₹ 815 in 3 years and to ₹854 in 4 years. The sum is:

₹ 698

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

₹ 598

No worries! We‘ve got your back. Try BYJU‘S free classes today!

₹ 442

No worries! We‘ve got your back. Try BYJU‘S free classes today!

₹ 840

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A ₹ 698
S.I. for 1 year = ₹ (854 - 815) = ₹ 39.

S.I. for 3 years = ₹ (39 x 3) = ₹ 117.

Hence, the Principal = ₹ (815 - 117) = ₹ 698.

Suggest Corrections

Similar questions

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 sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. Find the original sum of money.

X amount of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. What is the value of X?

Join BYJU'S Learning Program