In 2015 if rate of interest is increased by 3 what will be the amount received after given period ........

Quantitative Aptitude ( CCS) Data Table

Directions : Study the following table carefully and answer the questions that follow:
A person invested different amount in different years at different rate of interest for different years as described in below table. Some values are missing. Answer the questions on the basis of given table and information in question.

I = Interest received after 1 year

In 2015, if rate of interest is increased by 3%, what will be the amount received after given period?

Rs 52,000

Rs 45,000

Rs 42,000

Rs 47,000

Rs 54,000

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Explanation:

First find the rate of interest, 25000*r*1/100 = 1750
Solve, r = 7%
So new rate = 7+ 3 = 10%
So Interest = 15000*10*8/100 = Rs 20,000
So amount = 25000 + 20000 = Rs 45,000

Hence, option 2 is the correct answer.