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
Answers
Answered by
0
1750×7×2=24500÷100=245
So the answer is B=Rs.245
So the answer is B=Rs.245
Answered by
4
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
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