Question
Quantitative Ability and Data Interpretation Question on SI & CI
At a simple interest, 800 becomes 956 in three years. If the interest rate, is increased by 3%, how much would 800 become in three years?
A
1020.80
B
1004
C
1028
D
Data inadequate
Answer
1028
Explanation
Solution
The correct option is (C): 1028