Which information given below is sufficient to know the amount if the difference between the $C.I. \& S.I.$ for $2$ years is $18$?

($I$) The rate is same at which an amount of $Rs. 1000$ become $1120$ for $2$ years in $S.I.$

($II$) The principal given is $Rs. 2000$.

  • A

    Only $I$

  • B

    Only $II$

  • C

    Either $I$ or $II$

  • D

    Both $I$ and $II$ together

Similar Questions

The compound interest (In ₹) on ₹ $5,000$ for $3$ years at $10 \%$ per cent will amount to

If the compound interest on a certain sum of money for $3$ years at $5 \,%$ p.a. is $Rs. 504.40$ , find the corresponding simple interest. (In $Rs.$)

A sum of ₹ $12,000$ deposited at compound interest becomes double after $5$ years. After $20$ years, it will become (In ₹) 

In year $2008,5000$ students were admitted in a college. It is found that the number of students admitted is constantly increasing by $24$ per cent per year. How many students will be admitted in the college in the year $2010 ?$

The difference between the simple interest and the compound interest (In ₹) on ₹ $600$ for $1$ year at $10 \%$ per annum, reckoned half-yearly is