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Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.
Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?
I. The sum of interests after 1 year was Rs.350
II. The interest on first part of sum was thrice that of another
- a)I alone
- b)II alone
- c)Either I alone or II alone
- d)Both I and II
- e)Both I and II are not sufficient
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Direction: Each question below is followed by two statements I and II...
Given Data:
- Total sum borrowed: Rs. 2000
- Interest rates: 5% p.a. and 8% p.a.
Statement I:
- Sum of interests after 1 year was Rs. 350
- This statement alone is not sufficient to determine how much money the man borrowed at each rate. It only provides the total interest paid, but not the individual amounts borrowed at each rate.
Statement II:
- Interest on first part of sum was thrice that of another
- This statement alone is also not sufficient to determine the individual amounts borrowed at each rate. It only gives a ratio of the interests paid on the two amounts borrowed.
Combined:
- When we combine both statements, we can deduce that the first part of the sum borrowed at 5% interest must be three times the amount borrowed at 8% interest. However, we still do not have enough information to calculate the exact amounts borrowed at each rate.
Therefore, neither statement alone is sufficient to answer the question, but when combined, they still do not provide enough information to determine how much money the man borrowed at each rate. Hence, the correct answer is option C - Either I alone or II alone.
- Total sum borrowed: Rs. 2000
- Interest rates: 5% p.a. and 8% p.a.
Statement I:
- Sum of interests after 1 year was Rs. 350
- This statement alone is not sufficient to determine how much money the man borrowed at each rate. It only provides the total interest paid, but not the individual amounts borrowed at each rate.
Statement II:
- Interest on first part of sum was thrice that of another
- This statement alone is also not sufficient to determine the individual amounts borrowed at each rate. It only gives a ratio of the interests paid on the two amounts borrowed.
Combined:
- When we combine both statements, we can deduce that the first part of the sum borrowed at 5% interest must be three times the amount borrowed at 8% interest. However, we still do not have enough information to calculate the exact amounts borrowed at each rate.
Therefore, neither statement alone is sufficient to answer the question, but when combined, they still do not provide enough information to determine how much money the man borrowed at each rate. Hence, the correct answer is option C - Either I alone or II alone.
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Community Answer
Direction: Each question below is followed by two statements I and II...
Let the first part borrowed at 5% be x and 8% be (2000-x)
From statement I:
Total interest = Rs.350
SI = P × r × n /100
(x × 5 × 1)/100 + ((2000-x) × 8 × 1)/100 = 350
5x/100 + (16000 – 8x)/100 = 350
From here we can calculate x and hence individual amounts
From statement II:
Interest on Rs. (2000-x) = 3 × interest on Rs.x
Applying SI formula
((2000-x) × 8 × 1)/100 = 3 × (x ×5 ×1)/100
This gives x
Hence statements I alone or II alone is sufficient to answer
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Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer?
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Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer?.
Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams.
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Here you can find the meaning of Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: Each question below is followed by two statements I and II. You have to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer.Q. A man borrowed a total sum of Rs.2000 in two installments. For one installment he paid an interest of 5% p.a. and for other 8% p.a. How much money did he borrow at each rate?I. The sum of interests after 1 year was Rs.350II. The interest on first part of sum was thrice that of anothera)I aloneb)II alonec)Either I alone or II aloned)Both I and IIe)Both I and II are not sufficientCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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