SSC CPO SI and ASI Model Paper 6

Question : 124 of 200

Marks: +1, -0

A sum of money amounts to 848 in 3 years and 902 in 4 years under simple interest. The sum is

Solution:

(4) Increase in amount in 4th year= 902 – 848 = ₹54
∴Interest for

4^t^h

year = ₹ 54
Since simple interest for each yearis equal therefore
Interest for 3 years = 54 × 3= ₹ 162Sum = 848 – 162 = ` 686

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