A sum of money at simple interest amounts to Rs. 815 in 4 years and to Rs. 854 in 8 years. The sum i

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20 Mar 2018 Simple Interest

A sum of money at simple interest amounts to Rs. 815 in 4 years and to Rs. 854 in 8 years. The sum is:

OPtion

1) 786
2) 796
3) 726
4) 736
5) 766
6) 756
7) 746
8) 776
9) 716
10) None of these

Solution

S.I. for 4 years = Rs. (854 - 815) = Rs. 39.
S.I. for 1 year = Rs. (854 - 815) = Rs. 39/4

S.I. for 4 years = Rs. 39
Principal = Rs. (815 - 39) = Rs. 776

Correct Option: 8 Best Solution (0)