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. 650Rs. 690Rs. 698Rs. 700
Question
Solution 1
The difference in the amounts of money after 3 years and 4 years is the simple interest for 1 year.
So, Rs. 854 - Rs. 815 = Rs. 39 is the simple interest for 1 year.
Since the simple interest is the same every year, the original sum of money (the principal) is Rs. 815 (the total after 3 years) - Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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