A certain amount earns simple interest of 1750 after 7 years Had the interest been 2 more how much m...........

Quantitative Aptitude ( CCS) Simple Interest

A certain amount earns simple interest of 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

245

350

Cannot be determined

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Explanation:

Explanation: We need to know the S.I (simple interest)., principal and time to find the rate.
Since the principal is not given, so data is inadequate.

By: Sandeep Dubey

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Mangala Nand

Sir since time is given on percentage basis the rate comes 2.5%. and P= 10000, after increasing it becomes 4.5%. and SI comes 3150. It can be determined by percentage method. May be iam wrong kindly guide. Regards