Direction: 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.
Find the sum.
I: The simple interest accrued at 7% rate of interest is Rs. 1190.
II: The sum is invested for 2 years.
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.