Rs.500 amounts to Rs.620 in 2 years at simple interest. If the interest is increased by 2%, it would amount to how much? Pick
A) 120
B) 25
C) 614
D) 530
E) 210

Rationale: "( 500 * 3 * 2 ) / 100 = 30 500 + 30 = 530 answer : d"
Answer: D