[Excise and Taxation Inspector, 2018]

4. A principal amounts to ₹ 944 in 3 years and to ₹ 1040 in 5 years, each sum being invested at the same simple interest. The principal was

1. ₹ 750

2. ₹ 800

3. ₹ 850

4. ₹ 900

Correct Answer :

₹ 800