A sum of $\text{Rs. } 5,000$ was lent at simple interest for $3$ years. If the rate of interest had been $3\%$ per annum higher, how much more interest would have been earned?

Options:

• A: $\text{Rs. } 300$
• B: $\text{Rs. } 400$
• C: $\text{Rs. } 450$
• D: $\text{Rs. } 500$

Related Practice Questions:

• Which of the following artifacts, extensively found at Burzahom and Gufkral, specifically indicates that the Neolithic inhabitants of Kashmir practiced sewing animal skins for clothing to survive the harsh winters?
• The earliest known evidence of rock art in India, in the form of 'Cupules' (hemispherical cup-shaped depressions carved into rock), belongs to the Lower Paleolithic age and was found at:
• The first human colonization of the fertile Ganga plains, as evidenced by archaeological discoveries at Sarai Nahar Rai and Mahadaha, took place during which period?
• Which prehistoric site located in the Thar Desert of Rajasthan provides a continuous and undisturbed profile of Lower, Middle, and Upper Paleolithic cultures?