The amount ₹ 2100 became ₹ 2352 in 2 years at simple interest. If the interest rate is decreased by 1%, what is the new interest?

The amount ₹ 2100 became ₹ 2352 in 2 years at simple interest.

1.	The amount ₹ 2100 became ₹ 2352 in 2 years at simple interest. If the interest rate is decreased by 1%, what is the new interest?
A.	210
B.	220
C.	242
D.	252
Answer» B. 220

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The amount ₹ 2100 became ₹ 2352 in 2 years at simple interest. If the interest rate is decreased by 1%, what is the new interest?

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