1.

What is rate of interest ? I Total compound interest on Rs 1600 after 3 years is Rs 529.60. II Total simple interest on Rs 2000 after4 years in Rs 800.

Answer»

If EITHER statement (I) or (II) is SUFFICIENT.



statement (I) alone or statement (II) alone is sufficient 
Either of the statements is sufficient.
Each statement gives rate of interest as 10%



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