A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. Interest rate is increased by 3%, it would amount to how much ?

962

972

982

992

S.l. = Rs. (920 - 800) = Rs. 120; P = Rs. 800, T = 3 yrs. R = ((100 x 120)/(800*3) ) % = 5%. New rate = (5 + 3)% = 8%. New S.l. = Rs. (800*8*3)/100 = Rs. 192 New amount = Rs.(800+192) = Rs. 992

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