Directions: 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 rate of interest on a sum of money invested.
Statement I: Amount earned at principal Rs. 1000 for 3 years in C.I. is equal to Simple intrest earned on principal Rs. 6655 for two years.
Statement II: If total Interest earned in 37 years on on Rs.3000 at simple intrest is Rs. 1110.
Statement III: If Difference between compound interest in 4th year and 3rd year is 12.1.
1
Statement I or II are sufficient to answer the question.
2
Statement II or III are sufficient to answer the question.
3
Any two statements are sufficient to answer the question.
4
All the statements together are not sufficient to answer the question.
5
All the statements together are required to answer the question.