A sum of money earns Rs. 50 in simple interest. What's the total? I. The annual interest rate is 10%. II. In ten years, the money earned simple interest.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are necessary to answer
Answer:D
A sum of money earns Rs. 50 in simple interest. What's the total? I. The annual interest rate is 10%. II. In ten years, the money earned simple interest.
A. I alone sufficient while II alone not sufficient to answer B. II alone sufficient while I alone not sufficient to answer C. Either I or II alone sufficient to answer D. Both I and II are necessary to answer