A sum of $800 amounts to $920 in 3 years at simple interest. If the interest rate is increased by 3% it would amount to how much ? Select:
A) $506
B) $774
C) $992
D) $854
E) $1021
S.I = 920-800= 
<gadget id="calculator">920-800</gadget>
<output>120</output>
120   P= $800   T = 3 years   R = 100*120 / 800*3 = 5%   New rate = 5+3= 
<gadget id="calculator">5+3</gadget>
<output>8</output>
8%   New S.I.= 800*8*3/100= 
<gadget id="calculator">800*8*3/100</gadget>
<output>192</output>
$192   New amount= 800+192= 
<gadget id="calculator">800+192</gadget>
<output>992</output>
$992   Answer is $992
<result>C</result>
A sum of $800 amounts to $920 in 3 years at simple interest. If the interest rate is increased by 3% it would amount to how much ?