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Question: Find the amount invested under simple interest.Statements:I: Interest earned after 2 years is Rs. 5250 under compound interest.II: Rate of i
Question

Directions:
In each of the following questions, a few statements have been given. Analyse the given statements and answer whether the data given in the statements are sufficient to answer the question or not.
Give answer
A) If data in the statement I alone is sufficient to answer the question.
B) If data in the statement II alone is sufficient to answer the question.
C)If data either in the statement I alone or statement II alone are sufficient to answer the question.
D)If data given in both I & II together are not sufficient to answer the question.
E)If data in both statements I & II together are necessary to answer the question.


Question: Find the amount invested under simple interest.
Statements:
I: Interest earned after 2 years is Rs. 5250 under compound interest.
II: Rate of interest for the amount invested under simple interest is 20% p.a.

A.

D

B.

C

C.

B

D.

A

Correct option is A

I: Compound interest given
II: Rate given

Principal under simple interest cannot be found

Hence insufficient

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