Question 1:
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 amount will Rs. 800 become in 3 years.
A. Rs 1052
Feedback R=156x100/800x3,R=6(1/2)%
New Rate = 21/2%
New S.I. = 800×21/2×3100
=252
Now amount will be 800 + 252 = 1052
B. Rs 1152
C. Rs 1252
D. Rs 1352

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