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Numerical Ability
Simple & Compound Interest
A sum of money at simple interest amounts to 815 in 3 years and to 854 in 4 years. The sum is:
a)650
b)690
c)698
d)700
Read Solution (Total 2)
-
- 698
A sum of money at simple interest amounts to 815 in 3 years and to 854 in 4 years.
Interest for 1 year = 854-815= Rs 39.
Interest for 3 years = 39*3= 117
sum = 815-117 = Rs. 698 - 12 years agoHelpfull: Yes(34) No(39)
- Difference b/w 4th and 3rd year i.e 39 and 39*3=117. Then subt. 815-117= 698
- 5 years agoHelpfull: Yes(1) No(0)
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