Interview Questions and Answers

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


Correct Option - D

Explaination

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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