Rs. 6200 amounts to Rs. 9176 in 4 years at simple interest. If the interest rate

Question

Rs. 6200 amounts to Rs. 9176 in 4 years at simple interest. If the interest rate is increased by 3% it would amount to how much?

Options:

A . Rs. 8432

B . Rs. 9820

C . Rs. 9920

D . Rs. 10920

Answer: Option C

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