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- |
How much money did X invest? |
Statement I. An increase in the Simple Interest from 39/8 % to 41/8 % per annum increases his yearly income by 25%. |
Statement II. The sum invested gets doubled, when invested at 8% per annum for 25/2 year. |
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: A
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