After 7 years, a specific sum yields Rs. 1750 in simple interest. How much more interest would it have earned if the interest rate had been 2% higher?
A. Rs. 35
B. Rs. 245
C. Rs. 350
D. Cannot be determined
Answer:D
After 7 years, a specific sum yields Rs. 1750 in simple interest. How much more interest would it have earned if the interest rate had been 2% higher?
A. Rs. 35 B. Rs. 245 C. Rs. 350 D. Cannot be determined
Explanation: To calculate the rate, we need to know the S.I., principal, and time.Because the primary is not provided, the data is insufficient.