The questions given below contain two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question? Mark answer- |
What is the rate of interest per annum? |
Statement I. A sum becomes double to itself at SI in 4 years |
Statement II. The difference between CI and SI on an amount of Rs. 10,000 in 2 years is Rs.625 |
A) If Statement I alone is sufficient but Statement II alone is not sufficient.
B) If Statement II alone is sufficient but Statement I alone is not sufficient.
C) If each statement alone (either I or II) is sufficient.
D) If Statement I and II together are not sufficient.
E) If both statements I and II together are sufficient, but neither statement alone is sufficient.
Correct Answer: C
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