A) Rs. 9920
B) Rs. 10560
C) Rs. 11120
D) Rs. 11820
Correct Answer: A
Solution :
Principal \[=Rs.\text{ }8000,\] S.I. \[=Rs.\text{ }1200,\] Time = 3 years \[\therefore \] Rate \[=\left( \frac{100\times 1200}{8000\times 3} \right)%=5%\] New rate \[=8%,\]Principal \[=Rs.\text{ }8000,\] Time = 3 years. \[S.I.=Rs.\,\left( \frac{8000\times 8\times 3}{100} \right)=Rs.1920\] \[\therefore \]New amount \[=Rs.\,(8000+1920)=Rs.9920\]
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