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Simple Interest

Q1:

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

ANS:D - Cannot be determined

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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