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Each of the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and



  • Give answer (A) if the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.

  • Give answer (B) 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.

  • Give answer (C) if the data either in Statement I or in Statement II alone are sufficient to answer the question.

  • Give answer (D) if the data even in both Statements I and II together are not sufficient to answer the question.

  • Give answer(E) if the data in both Statements I and II together are necessary to answer the question.





What is the rate of simple interest?

Options:
A .  I alone sufficient while II alone not sufficient to answer
B .  II alone sufficient while I alone not sufficient to answer
C .  Either I or II alone sufficient to answer
D .  Both I and II are not sufficient to answer
E .  Both I and II are necessary to answer
Answer: Option D


We know that, R =
What Is The Rate Of Simple Interest?
100 x S.I.
What Is The Rate Of Simple Interest?
P x T


Now, I gives, S.I. = Rs. 4000.


II gives, T = 4 years.


But, P is unknown. So, we cannot find R.


So, given data is insufficient to get R.


What Is The Rate Of Simple Interest? Correct answer is (D).



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