If the compound interest on a certain sum for $2$ $years$ at $3 \%$ per annum is $Rs. 101.50$ , then the simple interest (In $Rs.$) on the same sum at the same rate and for the same time will be

  • A

    $90.00$

  • B

    $95.50$

  • C

    $100.00$

  • D

    $98.25$

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How many statements are useful for find this : 

What is the rate of interest percent $p.a.$?

$Statements:$

$I$. The difference between the compound interest and simple interest earned in two years on the amount invested is ₹ $100$.

$II$. The amount becomes ₹ $19,500$ in three years on simple interest.

$III$.The simple interest accrued in two years on the same amount at the same rate of interest is ₹ $3,000$.

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