Tk. 800 becomes Tk. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Tk. 800 become in 3 years?

Tk. 800 becomes Tk. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Tk. 800 become in 3 years?

A 1052

B 110011

C 110101

D 100011

Solution

Correct Answer: Option A