Question

Study the question and all the three statements given and decide whether any information provided in the statements are redundand and can be dispensed with while answering the questions.

Question :

What is the rate of interest per year ?

Statements :

1. The amount invested is Rs. 6000.
2. The amount becomes Rs. 6741.60 in 2 years at compound interest.
3. The difference between compound interest and simple interest in 2 years is Rs. 21.60.
A) Only 3
B) Both 2 & 3
C) Any two of (1, 2 & 3)
D) None

Answer 1

Hay mate here is your answer ✌❤☺


option C is Correct



Hope it will help you ☺❤

Answer 2

Study the question and all the three statements given and decide whether any information provided in the statements are redundand and can be dispensed with while answering the questions.

Question :

What is the rate of interest per year ?

Statements :

1. The amount invested is Rs. 6000.
2. The amount becomes Rs. 6741.60 in 2 years at compound interest.
3. The difference between compound interest and simple interest in 2 years is Rs. 21.60.
A) Only 3
B) Both 2 & 3
C) Any two of (1, 2 & 3)
D) None

=> Option C is the correct answer.