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Question: Find the simple interest for Rs.5200.Statements:I: Rate of Interest is 15% per annum for the amount invested under simple interest.II: Amoun
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 simple interest for Rs.5200.

Statements:

I: Rate of Interest is 15% per annum for the amount invested under simple interest.

II: Amount invested for 4 years.

A.

E

B.

D

C.

A

D.

C

Correct option is A

 • To find Simple Interest, we need: Principal, Rate, and Time

• Statement I gives Rate = 15%
• Statement II gives Time = 4 years

• Both statements together are required to calculate SI

Information Booster:
• Formula: SI = (P × R × T) / 100

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