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In the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and answer the question.
Principle amount compounded annually is kept for 5 years, what is the rate of interest?
I. Amount after 2 years is 1500
II. Amount after 3 years is 1800
  • a)
    If the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.
  • b)
    If the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
  • c)
    If the data either in Statement I or in Statement II alone are sufficient to answer the question.
  • d)
    If the data in both Statements I and II together are necessary to answer the question.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In the questions given below consists of a statement and / or a quest...
We Don't know the principle neither we know the rate of interest. We get two equations to solve the two variables. Statement I and II both are required to deduce the rate of interest.
Hence, the correct option is (d).
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In the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and answer the question.Principle amount compounded annually is kept for 5 years, what is the rate of interest?I. Amount after 2 years is 1500II. Amount after 3 years is 1800a)If the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.b)If the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.c)If the data either in Statement I or in Statement II alone are sufficient to answer the question.d)If the data in both Statements I and II together are necessary to answer the question.Correct answer is option 'D'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about In the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and answer the question.Principle amount compounded annually is kept for 5 years, what is the rate of interest?I. Amount after 2 years is 1500II. Amount after 3 years is 1800a)If the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.b)If the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.c)If the data either in Statement I or in Statement II alone are sufficient to answer the question.d)If the data in both Statements I and II together are necessary to answer the question.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the questions given below consists of a statement and / or a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statement(s) is / are sufficient to answer the given question. Read the both statements and answer the question.Principle amount compounded annually is kept for 5 years, what is the rate of interest?I. Amount after 2 years is 1500II. Amount after 3 years is 1800a)If the data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.b)If the data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.c)If the data either in Statement I or in Statement II alone are sufficient to answer the question.d)If the data in both Statements I and II together are necessary to answer the question.Correct answer is option 'D'. Can you explain this answer?.
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