Question

Suman invests a sum of money at simple interest which amounts to Rs.915 in 3
years and Rs.954 in 4 years. Find the sum of money invested.

Answer 1

Answer:

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

Interest for 1 year = 854-815= Rs 39.

Interest for 3 years = 39*3= 117

sum = 815-117 = Rs. 698