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    Question

    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 Rs.600 Correct Answer Incorrect Answer
    B Rs.665 Correct Answer Incorrect Answer
    C Rs.698 Correct Answer Incorrect Answer
    D Rs.602 Correct Answer Incorrect Answer

    Solution

    SI for 1 year = Amount (4 years) - Amount (3 years) = 854 - 815 = Rs. 39. SI for 3 years = 39 × 3 = Rs. 117. Principal (Sum) = Amount (3 years) - SI (3 years) = 815 - 117 = Rs. 698.

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