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6.Interest
easy
Which of the statement given below are sufficient to answer the following question.
What is the rate of interest per annum on an investment of $Rs. 800 ?$
($I$) The income from $S.I.$ at the end of $3$ years at the same rate of interest is $19$
($II$) $C.I.$ is $15.76$ more than $S.I.$ on same sum $\&$ same rate in $2$ years
A
Only $I$
B
Only $II$
C
Either $I$ or $II$
D
Neither $I$ or $II$
Solution
This question can be solved either using statement (1) or (2) In statement (1), we can apply formula of SI in statement (2), we
need to determine difference formula of $=\frac{P R^{2}}{(100)^{2}}$
Standard 13
Quantitative Aptitude
