Directions: Each of the questions given below consists of a question and 3 statements numbered I, II and III. You have to decide whether the data is sufficient to answer the question. Read all Statements carefully and then answer the questions.
Mr Sharma borrowed a sum of money from HDFC Bank on compound interest, What will be the amount to be repaid to Bank if he is repaying the entire amount at the end of 2 years?
Statement I. The rate of interest is 5 p.c.p.a
Statement II. Simple interest fetched on the same amount in one year is Rs. 600.
Statement III. The amount borrowed is 10 times the simple interest in 2 years.
1
The data in statement I is sufficient to answer the question
2
The data in statement III is sufficient to answer the question
3
The data in statement I or statement II are sufficient to answer the question,
4
The data in statement II and either statement I or statement III are sufficient to answer the question
5
All statement I, II ans III are required