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Question

A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?


Options:
A .  Rs. 35
B .  Rs. 245
C .  Rs. 350
D .  Cannot be determined
E .  None of these
Answer: Option D

We need to know the S.I., principal and time to find the rate.

Since the principal is not given, so data is inadequate.



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