CAT Exam  >  CAT Questions  >  Directions: This data sufficiency problem con... Start Learning for Free
Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.
(You should use the data and your knowledge of mathematics to choose between the possible answer.)
What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?
(1) The simple interest for two years is Rs. 3,600.
(2) The difference between the simple interest and compound interest is Rs. 216.
  • a)
    Statement (1) alone is sufficient, but statement (2) alone is not sufficient.
  • b)
    Statement (2) alone is sufficient, but statement (1) alone is not sufficient.
  • c)
    Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.
  • d)
    Each statement alone is sufficient.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: This data sufficiency problem consists of a question and t...
From statement (1)
Suppose p.c.p.a. = r
Then,
r = 12%
Hence, statement (1) alone is sufficient to calculate the rate.
Since number of years is not given, hence it is not possible to find p.c.p.a. in statement (2).
∴ Statement (2) alone is not sufficient as time is not given.
Hence, option 1 is the correct answer.
Attention CAT Students!
To make sure you are not studying endlessly, EduRev has designed CAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CAT.
Explore Courses for CAT exam
Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer?
Question Description
Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: This data sufficiency problem consists of a question and two statements labelled (1) and (2). You have to decide whether the data given in the statements is sufficient for answering the question.(You should use the data and your knowledge of mathematics to choose between the possible answer.)What is the rate of p.c.p.a. on an amount of Rs. 15,000 deposited in a bank?(1) The simple interest for two years is Rs. 3,600.(2) The difference between the simple interest and compound interest is Rs. 216.a)Statement (1) alone is sufficient, but statement (2) alone is not sufficient.b)Statement (2) alone is sufficient, but statement (1) alone is not sufficient.c)Both statements (1) and (2) together are sufficient, but neither statement alone is sufficient.d)Each statement alone is sufficient.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev