Aptitude - Simple Interest - Discussion

Discussion Forum : Simple Interest - General Questions (Q.No. 13)
13.
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?
Rs. 35
Rs. 245
Rs. 350
Cannot be determined
None of these
Answer: Option
Explanation:

We need to know the S.I., principal and time to find the rate.

Since the principal is not given, so data is inadequate.

Discussion:
98 comments Page 9 of 10.

Bhadresh savani said:   8 years ago
B is correct.

2% for 7 years will be 14%.
14% of 1750 is 245.

Nagurvargani said:   7 months ago
No, @Jaimunis.

1750/7=250 is the correct answer.

Vasanth said:   1 decade ago
If are increased by 2% interest becomes 1.02r.

Mehrzad said:   7 years ago
Yes, According to me, the answer should be 35.

Abhinav said:   5 years ago
According to me, the correct answer is 35.

Reetu said:   8 years ago
According to me, the answer is Rs 175.14.

Jay said:   7 years ago
35 is the correct answer according to me.

Nagesh said:   3 years ago
I think the answer should be 245.
(9)

DEV said:   3 years ago
I think the answer should be 35.
(8)

Dhananjay said:   1 year ago
Yes, I agree, the answer is 35.
(8)


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