Multiple choice

Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3% it would amount to - 800 रू.की धनराशि सा. ब्याज की दर से 3 वर्षो में 920 रू. हो जाती है । यदि ब्याज की दर 3% की वृद्धि होती है तो धनराशि होगी?

  1. Rs.1056

  2. Rs.1112

  3. Rs.1182

  4. Rs.992
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Principal = Rs. 800, Amount = Rs. 920, Time = 3 years. Simple Interest = 920 - 800 = Rs. 120. Rate = (100 × SI) / (P × T) = (100 × 120) / (800 × 3) = 5% per annum. New rate = 5% + 3% = 8%. New SI = (800 × 8 × 3) / 100 = Rs. 192. New Amount = 800 + 192 = Rs. 992.

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