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    Question

    A sum of money amounts to Rs.767 in 3 years, and to

    Rs.806 in 4 years on simple interest at 6% annum. What is the sum?
    A 550 Correct Answer Incorrect Answer
    B 750 Correct Answer Incorrect Answer
    C 850 Correct Answer Incorrect Answer
    D 650 Correct Answer Incorrect Answer

    Solution

    3 years=767… (1) 4 years=806… (2) Solve Equation (2)-(1) 1 year interest =39 Now the invested sum =767-39×3=650Rs.

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