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. 345
D) Cannot be determined
E) None of these
Answers
(d) cannot be determined .
hey pal since the data is inadequate the answer cannot be found!!
hope it helps!!
Cannot be determined
Solution:
The simple interest is given by formula:
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
Option D is correct
Learn more:
A certain amount earns simple interest of Rs. 2260 after 3 years. Had the interest been 1 % more how much more interest would it have earned ?
A) Rs. 175
B) Rs. 220.75
C) Rs. 126
D) Can't be determined
https://brainly.in/question/7000993
Giri lent rs.16,000 to Shekar for one and 1/2 years at 10% per annum interest compounded annually. If the interest was compounded half-yearly, how much more interest would Giri have earned?
https://brainly.in/question/12263231