The question below is followed by three statements I, II and III. You have to determine whether the data given is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer.

Find the amount earned by Ankit on the sum on compound interest at 10% for 3 years

I. Difference between compound interest and simple interest after 2 years is Rs. 500 at a 10% interest rate.

II. Interest earned on investing for 2 years is Rs. 10500 compounded annually

III. If the same amount is invested at 15% simple interest for 4 years then the interest earned is Rs. 30000

1
Only statement III is sufficient
2
Only statement II is sufficient
3
Statement I and II together is sufficient
4
Any of the above statement alone is sufficient 

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