An amount of Rs. 3000 becomes Rs. 3600 in four years at simple interest. If the rate of interest was 1% more, then what was be the total amount?
Select
A) 3720  B) 3520  C) 3456  D) 3285  E) 3900
A = P(1 + TR/100)   =&gt; 3600 = 3000[1 + (4 * R)/100] =&gt; R = 5%   Now R = 6%   =&gt; A = 3000[1 + (4 * 6)/100] = Rs. 3720.   3720NSWER 3720
<result>A</result>
An amount of Rs. 3000 becomes Rs. 3600 in four years at simple interest. If the rate of interest was 1% more, then what was be the total amount?