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Ques:- A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is?
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Recent Answer :
: I believe it will be 30 km/hr
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A. Governor, Reserve Bank of India
B. The Secretary, Ministry of Finance
C. The Finance Minister of India
D. The President
Recent Answer :
: B. The Secretary, Ministry of Finance is the right answer
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Recent Answer :
: Speed = 13+4 km/hr
Distance = 68 km/hr
Time=distance/speed
68/17=4hrs
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Recent Answer :
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Simple interest Formula:
A=P(1+rt)
Therefore,
815=P(1+3r)
P+3r=815
854=P(1+4r)
P+4r=854
Solve the sums using Elimination method.
P+4r=854
P+3r=815
r=39.
Toget Principal
P+4r=854
P+4*39=854
P=854-117
P=698