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A sum of money at Simple Interest amounts to Rs.815 in 3 years and Rs.854 in 4 years. What is the sum?
Question

A sum of money at Simple Interest amounts to Rs.815 in 3 years and Rs.854 in 4 years. What is the sum?

A.

Rs.698

B.

Rs.690

C.

Rs.650

D.

Rs.700

Correct option is A


SI for 1 year = 854 – 815 = 39
Sum = amount after 3 years – simple interest of 3 years
Sum = 815 – 39 × 3 = 698

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