A certain amount earns simple interest of Rs. 1750 after 7 years. Had the inter

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

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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