Which information are necessary to answer the questions asked- |
What is the rate of interest per annum? |
I. The amount becomes Rs. 11025 with |
compound interest after 2 years. |
II. The same amount with simple interest becomes |
Rs. 11000 after two years. |
III. The amount invested is Rs. 10000 |
A) Any two
B) III and either I or II
C) I and either II or III
D) II and either I or III
E) All
Correct Answer: D
Solution :
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