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?
A. Rs. 35
B. Rs. 245
C. Rs. 350
D. Cannot be determined
E. None of these
Answer: Option D
Solution (By Examveda Team)
We need to know the S.I., principal and time to find the rate.Since the principal is not given, so data is inadequate.
This Question Belongs to Arithmetic Ability >> Interest
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