Banking Exams Quant — Question 1794
Question
A sum of money at simple interest amounts to ₹5,520 in 3 years and ₹6,900 in 6 years. Find the sum.
- ₹4,000
- ₹4,140
- ₹4,200
- ₹4,600
Correct answer
B — ₹4,140
Explanation (English)
Interest for years 4–6 = 6900 − 5520 = 1380 = interest for 3 years. So 3-year interest = 1380. Principal = 5520 − 1380 = ₹4,140.
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