ABC26GN4024 · Simple Interest

Subject: General Aptitude · Chapter: Simple Interest · Exam: · Marks: · Difficulty:

A certain amount earns simple interest of ₹ 1750 after 7 years. Had the interest been 2\% more, how much more interest would it have earned ?
(a)₹ 35
(b)₹ 245
(c)₹ 350
(d)Cannot be determined
(e)None of these
Answer
Answer (as printed): D
Explanation
We need to known the S.I; principal and time to find the rate. Since the principal is not given, so data is inadequate.

Explanation as extracted from the printed page; notation may be imperfect.

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