insurence exam LIC HFL Assistant/Assistant Manager Mock Test Series Quantitative Aptitude Data Sufficiency
Direction∶ Each question below is followed by two statements I and II. You have to determine whether the data given in the statement(s) is/are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.
What is the percent rate of interest per month on an investment of Rs. 19,840?
I) The income from simple interest is Rs. 15,872 in 5 years
II) The compound interest for 2 years is more than the simple interest for the same period by Rs. 1240?
1
if statement I alone is sufficient to answer the question
2
if statement II alone is sufficient to answer the question
3
if both statements I and II together are necessary to answer the question
4
if both statements I and II together are not sufficient to answer the question
5
if either statement I or II alone is sufficient to answer the question