Banking Quantitative Aptitude Data Sufficiency Question Bank Data Sufficiency

  • question_answer
    The questions given below contain two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question? Mark answer-
    How much money did X invest?
    Statement I.   An increase in the Simple Interest from 39/8 % to 41/8 % per annum increases his yearly income by 25%.                                                                         
    Statement II. The sum invested gets doubled, when invested at 8% per annum for 25/2 year.

    A)  If Statement I alone is sufficient but Statement II alone is not sufficient.

    B)  If Statement II alone is sufficient but Statement I alone is not sufficient.

    C)  If each statement alone (either I or II) is sufficient.

    D)  If Statement I and II together are not sufficient.

    E)  If both statements I and II together are sufficient, but neither statement alone is sufficient.

    Correct Answer: A


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