railway DMRC CRA Mock Test Series Quantitative Aptitude Interest Simple Interest

Rs. 700 amounts to Rs. 742 in 2 years at a certain rate of simple interest. If interest rate is increased by 4% i.e. (R + 4%), then what will be the simple interest?

1

Rs. 84

2

Rs. 118

3

Rs. 105

4

Rs. 98

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