Question

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?

• A. Rs. 698
• B. Rs. 680
• C. Rs. 666
• D. Rs. 625

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

So, Principal = Rs. (815 - 117) = Rs. 698