Rs. 875 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. 875 become in 3 years ?  Choices
A) Rs. 1020.80	B) Rs. 1025	C) Rs. 1061	D) Data inadequate	E) None of these
Solution   S.I. = Rs.(956-875 )=Rs.81   Rate = (100x81/875x3) = 108/35%   New rate = (108/35 +4)% = 248/35%   New S.I. = Rs.(875 x 248/35 x 3/100) Rs. 186.   ∴ New amount = Rs.(875+186)= Rs. 1061.   Answer Rs. 1061
<result>C</result>
Rs. 875 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. 875 become in 3 years ?