Rs. 825 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. 825 become in 3 years ?  Choices:
A) Rs. 1020.80 B) Rs. 1025 C) Rs. 1055 D) Data inadequate E) None of these
Solution   S.I. = Rs.(956-825 )=Rs.131   Rate = (100x131/825x3) = 524/99%   New rate = (524/99 +4)% = 920/99%   New S.I. = Rs.(825 x 920/99 x 3/100) Rs. 230.   ∴ New amount = Rs.(825+230)= Rs. 1055.   Answer Rs. 1055
<result>C</result>
Rs. 825 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. 825 become in 3 years ?