A sum of money amounts to 850 Rs. in 3 years and to 925 Rs. in 4 years at some rate of simple interest. The sum is :
A sum of money amounts to 850 Rs. in 3 years and to 925 Rs. in 4 years at some rate of simple interest. The sum is :
[A]550 Rs.
[B]600 Rs.
[C]625 Rs.
[D]700 Rs.
625 Rs.
Interest for 1 year= (925 – 850) = 75 Rs.
∴ If a sum becomes in
years and
in
years then rate of interest
Hence option [C] is correct answer.