A sum of ₹800 amounts to ₹920 in 3 years at simple interest. If the interest rate is increased by 3%, what would the amount become? ₹800 की राशि साधारण ब्याज पर 3 वर्षों में ₹920 हो जाती है। यदि ब्याज दर में 3% की वृद्धि की जाती है, तो वह राशि कितनी हो जाएगी?
A
₹950 (₹950)
B
₹992 (₹992)
C
₹1000 (₹1000)
D
₹1050 (₹1050)
or press Space / Enter
Correct Answer ₹992
Explanation
Extra interest = $P imes R_{ ext{extra}} imes T / 100 = 800 imes 3 imes 3 / 100 = ₹72$. New amount = $920 + 72 = ₹992$.