Q. A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3% p.a. What will be the sum amount to in the same period ?

  • (A) Rs. 992
  • (B) Rs. 962
  • (C) Rs. 942
  • (D) Rs. 982
βœ… Correct Answer: (A) Rs. 992

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