Rs. 925 becomes Rs. 956 in 3 years at a certain rate of simple interest.If the rate of interest is increased by 4% ,What amount will Rs. 925 become in 3 years ? Choose the correct choice from the following options
A) rs . 1020.80
B) rs . 1025
C) rs . 1067
D) data inadequate
E) none of these

Rationale: "solution s . i . = rs . ( 956 - 925 ) = rs . 31 rate = ( 100 x 31 / 925 x 3 ) = 124 / 111 % new rate = ( 124 / 111 + 4 ) % = 568 / 111 % new s . i . = rs . ( 925 x 568 / 111 x 3 / 100 ) rs . 142 ∴ new amount = rs . ( 925 + 142 ) = rs . 1067 . answer c"
Answer: C