Direction: Each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and Read both the statements and give answer
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What is the rate of simple interest per annum?
I. The sum triples in 20 years at simple interest.
II. The difference between the sum and the simple interest earned after 10 years is $ 1000.
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- If the data in statement I alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.
- If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question
- If the data either in statement I alone or in statement II alone are sufficient to answer the question.
- If the data even in both statements I and II together are not sufficient to answer the question.
- If the data in statement I alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.
Correct Option: A
As per the given question , we can say
| From statement I. R = (3 - 1) x | = 10% | 20 |
From statement II. Here, the sum is not given. Therefore, statement I alone is sufficient.
