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:
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:
171 comments Page 3 of 18.

Tamanna said:   4 years ago
Thank you for explaining the answer @Gayathri.
(14)

Rohit Shekhawat said:   4 years ago
Thanks @Vikram.

You explained the way I was supposed to find.
(10)

Madhav said:   4 years ago
Principal amt with SI for 3 yrs = 815 = total sum of money.
Principal amt with SI for 4 yrs = 854 = total sum of money.

So, to find SI for 1 yr = 854-815 = 39,
So, SI for 3 yrs = 39 *3 = 117 or Si for 4 yrs = 39*4 =156,


Total sum for 3yrs = P+SI..815 = P + 117..P= 815 -117 = 698.
(63)

Aarrr said:   4 years ago
Thank you @Gayatri.
(4)

Sudarshan said:   4 years ago
Thanks @Appu.
(2)

Adiba said:   4 years ago
Good explanation, Thanks all.
(2)

Lijeshet said:   4 years ago
854 - 815 = 39,
39 * 4 = 156,
854 - 156 = 698.
(9)

Zekarieyas said:   4 years ago
It is good for all. Thank you so much.

Jedip said:   4 years ago
@All.

Sum of Amount = Principal Amount + Interest.

here given Sum of Amount is,
815 ----> 3 year.
854 ----> 4 year.

854 - 815 = 39 Simple Interest Per year (because we have a question for per year interest)

39 * 3 = 117.

Sum of Amount = Principal Amount + Interest.
815 = P + 117,
P = 815-117,
P = 698.
(11)

Ramu said:   4 years ago
@Gayathri & @Ismail Khan

You both explained well. Thanks for eplaining.


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