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A sum of money at simple interest amounts to Rs 815...

This question belongs to Arithmetic Ability Interest
Interest
?

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

Answer & Solution
Correct Answer: Option C

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

S.I. for 3 years = Rs.(39 x 3) = Rs. 117.

Therefore Principal = Rs. (815 - 117) = Rs. 698.

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