Question

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

• A. Rs. $698$
• B. Rs. $798$
• C. Rs. $658$
• D. Rs. $758$

Answer 1

The correct option is A Rs. $698$

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