According to the listing, the price per unit works out to $104 USD. Keep in mind that this is not necessarily the expected retail price of the refreshed slate. It does tell us to expect the device to be priced as the entry-level tablet that it is.
Meanwhile, the SM-T116IR ran through the GFXBench benchmark test, which revealed that most of the specs on the refreshed unit remain the same as those found on the original. For example, the first-gen Samsung Galaxy Tab 3 Lite's 7-inch display (with a 600 x 1024 resolution) will still be found on the new version of the tablet. The Marvell SoC on the SM-T111 and SM-T1110 carries a dual-core 1.2GHz CPU. That has been replaced with the Snapdragon 410 chipset and its quad-core 1.2GHz CPU. The Adreno 306 GPU is also on board the latest version of the device.
The refreshed Galaxy Tab 3 Lite has 50% more RAM (1.5GB), although the amount of native storage remains the same at 8GB. While the original Samsung Galaxy Tab 3 Lite has only one camera (2MP on the back), the refreshed slate carries a rare-facing 5MP snapper and a 2MP front-facing camera. Android 5.1.1 is pre-installed on the new model compared to Android 4.2, which powers the first-gen tablet.
So far. there is no word on when we might see Samsung make the refreshed Galaxy Tab 3 Lite official.
Refreshed version of the Samsung Galaxy Tab 3 Lite is being prepped by Samsung
source: Zauba.com, GFXBench via Tablety.pl (translated)