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Rs. 1200 amounts to Rs. 1632 in 4 years ...

Rs. 1200 amounts to Rs. 1632 in 4 years at certain rate of simple interest. If the rate of interest is increased by `1%`, it would amount to how much ?

A

Rs. 1635

B

Rs. 1644

C

Rs. 1670

D

Rs. 1680

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The correct Answer is:
D
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