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?
A. Rs. 35
B. Rs. 245
C. Rs. 350
D. Cannot be determined
E. None of these

Answer 1

1750×7×2=24500÷100=245
So the answer is B=Rs.245

Answer 2

Answer:

(D)CAN NOT BE DETERMINED

Step-by-step explanation:

The simple interest is given by formula:

S. I=PNR/100

Where,

p is the principal

n is number of years

r is rate of interest

We need to know the principal sum and rate of interest

Since the principal is not given, so data is inadequate