The following question is accompanied by two statements (I) and (II). You have to determine which statements(s) is/are sufficient/necessary to answer the questions.
Sachin lends Rs. 10,000 from Pritesh Singh for x years at a rate of simple interest 10% per annum? Find the value of x.
I. Sachin gives Rs. 20,000 to Girish at 15% per annum for 10 years.
II. Interest earned by Sachin in doubled the interest earned by Pritesh.1
The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.
2
The statement II alone is sufficient to answer the question, but the statement I alone is not sufficient.
3
Both the statements I and II together are needed to answer the question.
4
Either statement I alone or statement II alone is sufficient to answer the question.
5
Neither statement I nor statement II is sufficient to answer the question.