Multiple choice

A certain amount earns simple interest of Rs 1250 after 6 years .Had the interest been 2 % more how much more interest would it have earned?

  1. Rs.45

  2. Rs.56

  3. Rs.42

  4. can't be determined
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

To calculate the additional interest earned at 2% more rate, we need the principal amount. The formula for additional interest is: Additional Interest = (Principal × Rate Difference × Time) / 100 = (P × 2 × 6) / 100 = 0.12P. Without knowing the principal amount (P), we cannot determine the exact additional interest. Options A, B, and C give specific values but cannot be calculated without the principal.

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