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- What is the rate of simple interest? I.
Question 1:
What is the rate of simple interest?I. The total interest earned was Rs. 4000.
II. The sum was invested for 4 years.
A. Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.
B. Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
C. Statement I or in Statement II alone are sufficient to answer the question.
D. Statements I and II together are not sufficient to answer the question.
Feedback We know that, R = (100* S.I)/(P*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.
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.
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