1.

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

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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