Vishwanath
Friday, February 15, 2013
54. | What is the rate of simple interest?
| I. | The total interest earned was Rs. 4000. | II. | The sum was invested for 4 years. |
|
| I alone sufficient while II alone not sufficient to answer | | II alone sufficient while I alone not sufficient to answer | | Either I or II alone sufficient to answer | | Both I and II are not sufficient to answer | | Both I and II are necessary to answer |
|
Answer: Option D
Explanation:
We know that, R = |
| 100 x S.I. |
|
P x T |
Now, I gives, S.I. = Rs. 4000.
II gives, T = 4 years.
But, P is unknown. So, we cannot find R.
So, given data is insufficient to get R.
Correct answer is (D).
Title : Simple Interest 54Q
Description : 54. What is the rate of simple interest? I. The total interest earned was Rs. 4000. II. The sum was invested for 4 years. A. I alone suff...
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