Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 1)
1.
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: Option
Explanation:
S.I. for 1 year = Rs. (854 - 815) = Rs. 39.
S.I. for 3 years = Rs.(39 x 3) = Rs. 117.
Principal = Rs. (815 - 117) = Rs. 698.
Discussion:
171 comments Page 14 of 18.
Hari said:
8 years ago
What is the percentage of the interest?
Visithra said:
8 years ago
Very useful discussion. Thank you all.
Pinkey said:
7 years ago
Thank you for explaining the examples.
Zekarieyas said:
4 years ago
It is good for all. Thank you so much.
Mayaank said:
8 years ago
Is this the sum of money for 3 years?
Pooja Yadav said:
7 years ago
Thanks all for explaining the answer.
Vijay said:
1 decade ago
What is formula of simpe interest ?
(1)
Pragya said:
7 years ago
Thanks for explaining the solution.
Anusha said:
3 years ago
Thank you for explaining @Gayathri.
(22)
Arijit said:
5 years ago
P = (A2 * T1 - A1 * T2)/(T1 - T2).
(2)
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