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-

What is the rate of interest per annum?

Statement I.   A sum becomes double to itself at SI in 4 years

Statement II. The difference between CI and SI on an amount of Rs. 10,000 in 2 years is Rs.625

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.