A sum of money at simple interest amounts to Rs. 900 in 3 years and to Rs. 950 in 4 years. Find the sum:
A
650
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B
688
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C
750
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D
767
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Solution
The correct option is C 750 S.I. for 1 year = Rs. (950 - 900) = Rs. 50.
S.I. for 3 years = Rs. (50 x 3) = Rs. 150.
Principal = Rs. (900 - 150) = Rs. 750.