Direction: Each of the questions given below consists of 2 statements, number I and II respectively. Please read the questions carefully and decide which of the statement (s) is / are necessary to answer the questions.
Find the amount lent at 4% and 5% per annum.
Statement I: Principal is Rs. 5,000
Statement II: Some amount of principal is lent @ 4% and some is at 5% per annum. Average yearly interest is 4.5% per annum.
1
The data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
2
The data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
3
Either statement I or statement II alone is sufficient to answer the question.
4
The data in both the statements I and II is not sufficient to answer the questions.
5
The data in both the statement I and II together is necessary to answer.