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What is rate p.c.p.a. on a amount of Rs. 6,000 deposited in a Bank ? A. The simple interest for four years is Rs. 3600. B. The difference between the simple interest and compound interest is Rs. 894.0375.A. if the statement A alone is sufficient to answer the question, but the statement B alone is not sufficient.B. if the statement B alone is sufficient to answer the question, the statement A alone is not sufficient.C. if both statements A and B together are needed to answer the question.D. if either the statement A alone or statement B alone is sufficient to answer the question |
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Answer» Correct Answer - A Principal `=6000` A. `S.I=3600` `T=4` years Rate `=(3600xx100)/(6000xx4)=15%` B. `CI-SI=Rs.894.0375` So, we can find rate from statement A, but statement B is not sufficient. |
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