A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest – McqOptions

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1.	A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3% p.a. What will be the sum amount to in the same period ?
A.	Rs. 992
B.	Rs. 962
C.	Rs. 942
D.	Rs. 982
Answer» B. Rs. 962

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