BANK Indian Bank Apprentices Mock Test Series 2024 Quantitative Aptitude Interest Simple Interest

A sum of Rs. 400 becomes Rs. 424 in 3 years at a certain rate of simple interest. If extra rate of interest of 8% is provided, what will a sum of Rs. 400 become in 2 years?

1
Rs. 450
2
Rs. 425
3
Rs. 480
4
Data inadequate
5
None of these
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