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Direction: Read the following statements and find out whether they are sufficient or not to answer the given question.
What is the rate of simple interest?
I. The amount was invested for 8 years.
II. The simple interest is half the investment
  • a)
    The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.
  • b)
    The statement II alone is sufficient to answer the question, but the statement I alone is not scfficient.
  • c)
    Both the statements I and II together are needed to answer the question.
  • d)
    Either statement I alone or statement II alone is sufficient to answer the question.
  • e)
    Neither statement I nor statement II is sufficient to answer the question.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Direction: Read the following statements and find out whether they ar...
Given
Time = 8 years
Statement I:
Time = 8 years
Statement II:
Let the principal = x then simple interest = x/2
From statement I and II we can find the value of rate of interest.
? Both the statements I and II together are needed to answer the question.
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Direction: Read the following statements and find out whether they are sufficient or not to answer the given question.What is the rate of simple interest?I. The amount was invested for 8 years.II. The simple interest is half the investmenta)The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question, but the statement I alone is not scfficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer?
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Direction: Read the following statements and find out whether they are sufficient or not to answer the given question.What is the rate of simple interest?I. The amount was invested for 8 years.II. The simple interest is half the investmenta)The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question, but the statement I alone is not scfficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Direction: Read the following statements and find out whether they are sufficient or not to answer the given question.What is the rate of simple interest?I. The amount was invested for 8 years.II. The simple interest is half the investmenta)The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question, but the statement I alone is not scfficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following statements and find out whether they are sufficient or not to answer the given question.What is the rate of simple interest?I. The amount was invested for 8 years.II. The simple interest is half the investmenta)The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question, but the statement I alone is not scfficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Read the following statements and find out whether they are sufficient or not to answer the given question.What is the rate of simple interest?I. The amount was invested for 8 years.II. The simple interest is half the investmenta)The statement I alone is sufficient to answer the question, but the statement II alone is not sufficient.b)The statement II alone is sufficient to answer the question, but the statement I alone is not scfficient.c)Both the statements I and II together are needed to answer the question.d)Either statement I alone or statement II alone is sufficient to answer the question.e)Neither statement I nor statement II is sufficient to answer the question.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
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