At a simple interest 800 becomes 956 in three years. If the interest rate, is increased by 3%, how much would 800 become in three years?
Pick
A) 1020.80
B) 1004
C) 1028
D) Data inadequate
E) None of these
Rate of interest = 956−800/3×800×100=6.50%   \Amount = 800 + 800×9.5×3/100   = 800 + 228= 
<gadget id="calculator">800 + 228</gadget>
<output>1_028</output>
1028   Answer 1028
<result>C</result>
At a simple interest 800 becomes 956 in three years. If the interest rate, is increased by 3%, how much would 800 become in three years?