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Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:
Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.
Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.
Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.
Q. How much amount Rina will get at the end of two years if the rate of interest is compounded annually?
- a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
- b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
- c)Either Statement I or Statement II alone is sufficient to answer the question.
- d)The data in both the statements I and II is not sufficient to answer the question.
- e)The data in both the statements I and II together is necessary to answer the question.
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
Directions: Each of the question below consists of a question and two ...
From the statement I, we can conclude the sum of money Rina had invested but nowhere it is mentioned the rate of interest Rina had invested her money. Therefore we can not reach theanswer by the statement alone.
From the statement II, Difference between CI and SI is Rs.12 at the end of 2 years. But as the principal is not given here, we can't deduce the rate of interest using statement II alone.
But, from the statement I, we concluded the sum of money and to this statement we can conclude the rate of interest.
Therefore, if we combine statement I and statement II then we can conclude that the rate of interest was 10% per annum and the sum of money was Rs. 1200 now we can calculate the amount Rina will receive al the end of 2 years
Therefore, the data in both the statements I and II together is necessary to answer the question
Hence, option E is correct.
From the statement II, Difference between CI and SI is Rs.12 at the end of 2 years. But as the principal is not given here, we can't deduce the rate of interest using statement II alone.
But, from the statement I, we concluded the sum of money and to this statement we can conclude the rate of interest.
Therefore, if we combine statement I and statement II then we can conclude that the rate of interest was 10% per annum and the sum of money was Rs. 1200 now we can calculate the amount Rina will receive al the end of 2 years
Therefore, the data in both the statements I and II together is necessary to answer the question
Hence, option E is correct.
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Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer?
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Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. 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 Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. 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 Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer?.
Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. 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 Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. 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 Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer?.
Solutions for Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. 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 Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer?, a detailed solution for Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer? has been provided alongside types of Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: Each of the question below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer:Statement I: Rohan invests the same of amount of money under simple interest at the rate of 10% per annum and receives a total amount of Rs.1560 at the end of 3 years.Statement II: The difference between the simple interest and compound interest on the same sum of money at the same rate of interest at the end of 2 years is Rs 12.Q.How much amount Rina will get at the end of two years if the rate of interest is compounded annually?a)The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.b)The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.c)Either Statement I or Statement II alone is sufficient to answer the question.d)The data in both the statements I and II is not sufficient to answer the question.e)The data in both the statements I and II together is necessary to answer the question.Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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