Aptitude - Simple Interest - Discussion

Discussion Forum : Simple Interest - General Questions (Q.No. 1)

Simple Interest

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

Rs. 650

Rs. 690

Rs. 698

Rs. 700

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:

175 comments Page 16 of 18.

Raj said: 7 months ago

Nice explanations, thanks all.

(12)

Navi said: 7 years ago

Thanks for the answer @Padma.

Adiba said: 5 years ago

Good explanation, Thanks all.

(2)

Sachin said: 10 years ago

Thanks @Vikram and @Gayatri.

JayRaj said: 9 years ago

Good method, Thanks @Vikram.

Basha said: 5 years ago

Thanks for your explanation.

Satish said: 1 decade ago

@Gayahthri explained good .

Kabali said: 10 years ago

@Gayathri nice explanation.

Divya said: 8 years ago

Is 698 is principal amount?

Masum said: 8 years ago

Thanks for the explanation.

Post your comments here:

Quick links

Quantitative Aptitude

Verbal (English)

Reasoning

Programming

Interview

Placement Papers