Q: A sum of Rs. 6,000 amounts to Rs. 7,800 in 4 years at simple interest. If the interest rate is increased by 2.5%, then the same sum in same time would amount to:
A.
`8,500
B.
`9,200
C.
`8,400
D.
`8,600
Correct Answer:
Option C -
Explanations:
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