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Discussion :: Simple Interest

  1. Rs.800 amounts to Rs.920 in 3 years at simple interest. If the interest is increased by 3%, it would amount to how much?
    2. A.
    Rs.1056
    B.
    Rs.1112
    C.
    Rs.1182
    D.
    Rs.992

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    Answer : Option D

    Explanation :

    (800*3*3)/100 = 72

    920 + 72 = 992

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