A sum of money at simple interest amounts to Rs. 3377 in 3 years and to Rs. 4376 in 9 years. The sum

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02 Apr 2018 Simple Interest

A sum of money at simple interest amounts to Rs. 3377 in 3 years and to Rs. 4376 in 9 years. The sum is:

OPtion

1) 2786.5
2) 2677.5
3) 2877.5
4) 2797.5
5) 2687.5
6) 2817.5
7) 2777.5
8) 2697.5
9) 2897.5
10) None of these

Solution

S.I. for 6 years = Rs. (4376 - 3377) = Rs. 999
S.I. for 1 year = Rs. 999/6


S.I. for 3 years = Rs. 3*(999/6) = 999/2
Principal = Rs. (3377 - 999/2) = Rs. 2877.5

Correct Option: 3 Best Solution (0)