A certain amount earns simple interest of ₹ 1750 after 7 years. Had the interest been 2% more, how much more… · ABC26GN4024

Subject: General Aptitude · Chapter: Simple Interest

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.

Study loop for Simple Interest