Comprehension Passage
Directions: Study the following table carefully and answer the given questions.
The three banks provide different interest rates on a scheme to different customers on the bases of their individual deposits
|
Names |
Banks |
||
|
BOB |
SBI |
PNB |
|
|
Raju |
16% p.a. |
12% p.a. |
-- |
|
Komal |
R% p.a. |
12% p.a. |
8% p.a. |
|
Priya |
-- |
-- |
10% p.a. |
|
Amrita |
14% p.a. |
18% p.a. |
12% p.a. |
Read the following question and statements and answer which of the following statement(s) is sufficient to answer it?
What is the difference between the interest earned by Komal in SBI which bears compound interest and the interest earned by Raju in PNB which bears simple interest?
Statement A: Both invest a sum of Rs.36000 for 2 years.
Statement B: Interest rate for Raju in PNB is 20% more than that of Priya in PNB.
1
Only A
2
Only B
3
Either A or B
4
Both A and B
5
Neither A nor B