A sum of Rs.2,400 amounts to Rs.3,264 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1% the same sum in the same time would amount to:

Explanation:

Note:For detailed explanation of such type of questions follow the solution of previous questions.

Increased in rates in 4 years

1×4=4%

Hence, interest=2400×4\100=Rs.96

Total amount after 4 years=Rs.(3264+96)=Rs.3360