The following question has three statements. Study the question and the statements and decide which of the statement (s) is/are necessary to answer the question.
What is the value of A?
I) The compound interest earned by investing Rs. A at 10% rate of interest for a year compounded annually is Rs. 600.
II) Rs. A when invested at simple interest at some rate of interest for 4 years earns a profit of Rs. 4800.
III) Rs. A invested in simple interest at a rate of 20% for 3 years and interest got after 3 years is Rs. 600 more than half of Rs.A.
1
Any two of them
2
Any one of them
3
Either I or III
4
All statements are required
5
II or III together