Initial SI = 956−800=156. Rate: R=(156×100)/(800×3)=6.5%. New rate = 6.5+4=10.5%. New SI = (800×10.5×3)/100=252. New amount = 800+252= Rs. 1052.
Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what will Rs. 800 amount to in 3 years:
Held on 15 Jun 2023 · Verified 13 Jul 2026.
Rs. 1,020.80
Rs. 1,025
Rs. 1,052
Rs. 1,050
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