Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question.
What is the rate of interest?
I. Sum A becomes double in 4 years when invested at a certain rate interest per annum. (Consider simple interest)
II. Mamta invests Rs. 5000 for t years and sajan invests Rs 3000 for T years at same rate of interest. Ratio of interest earned is 4 : 7. (Consider simple interest)
III. Sum S becomes quadruple when invested in compound interest for 2 years at a certain rate of interest per annum.
1
Only statement I along is sufficient.
2
Only statement II along is sufficient.
3
Only statement III along is sufficient.
4
Only statement I and II together is sufficient.
5
Either statement I alone or statement III alone is sufficient.