Consider the question. Rs.800 amounts to Rs.920 in 3 years at simple interest. If the interest is increased by 3%, it would amount to how much?
Options:
(A) 226
(B) 992 rs
(C) 665
(D) 771
(E) 211
What is the step-by-step reasoning process to arrive at the answer: (B)?
(800*3*3)/100 = 72
920 + 72 = 992