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Discussion :: Simple Interest

  1. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is?
  2. A.
    Rs. 650
    B.
    Rs. 690
    C.
    Rs. 698
    D.
    Rs. 700

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    Answer : Option C

    Explanation :

    S.I. for 1 year = (854 - 815) = Rs. 39

    S.I. for 3 years = 39 * 3 = Rs. 117


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