Question

A sum of 800 becomes ₹ 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, then the amount will become in 3 years? ​

Answer 1

Answer:

1052

Step-by-step explanation:

Formula: P(1+RT/100)=956

P=800

by solving it, R=6.5

after rate increases by 4%

we apply same formula

new amount =1052