Question

What percentage of simple interest per annum did Anvesh pay to Dattu?
I. Anvesh borrowed Rs. 10000 from dattu for four years.
II. Anvesh returned Rs. 11800 to dattu at the end of four years and settled the loan

• A. I alone sufficient while II alone not sufficient to answer
• B. II alone sufficient while I alone not sufficient to answer
• C. Both I and II are necessary to answer
• D. Both I and II are not necessary to answer

Answer 1

The correct option is C

Both I and II are necessary to answer

Both statements are necessary. (We get P and T from first statement, and P+I from second statement.)