Rs. 900 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. 900 become in 3 years ? Choose the correct choice from the following options:	A) Rs. 1020.80	B) Rs. 1025	C) Rs. 1064	D) Data inadequate	E) None of these
Solution   S.I. = Rs.(956-900 )=Rs.56   Rate = (100x56/900x3) = 56/27%   New rate = (56/27 +4)% = 164/27%   New S.I. = Rs.(900 x 164/27 x 3/100) Rs. 164.   ∴ New amount = Rs.(900+164)= Rs. 1064.   Answer Rs. 1064
<result>C</result>
Rs. 900 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. 900 become in 3 years ?