Mathematics
NULL
Medium
Question
Rs 800 amounts to Rs 920 in 3 years at SI. If the rate rises by 3%, what is the new amount?
A
Rs. 992
✓ Official correct answer
B
Rs. 1112
C
Rs. 1056
D
Rs. 1182
Community credibility
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A
Rs. 992
No member explanations yet for this option.
B
Rs. 1112
No member explanations yet for this option.
C
Rs. 1056
No member explanations yet for this option.
D
Rs. 1182
No member explanations yet for this option.
Explanation
Original r = 5%; new r = 8%; amount = 800 + 192 = Rs 992.