A sum opf money at simple interest amounts to Tk. 815 in 3 years and to Tk. 854 in 4 years. The sum is-

A sum opf money at simple interest amounts to Tk. 815 in 3 years and to Tk. 854 in 4 years. The sum is- Correct Answer Tk. 698

Simple Internet for 1 year = Tk. (854 - 815) = Tk. 39 Simple Internet for 1 year = Tk. (39×3) = Tk. 117 ∴ sum = Tk. (815 - 117) = Tk. 698

Related Questions

The following question have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. Suman borrowed some amount of money at compound interest for 3 years. Find the amount to be paid by her after 3 years. Statement I: Simple interest on the same sum at the same rate of interest in 5 years will be 1/4th of the principal. Statement II: The simple interest on the sum after 6 years will be Rs. 12000. Statement III: The sum borrowed is 5 times the simple interest of 4 years.