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Q:
A) I alone sufficient while II alone not sufficient to answer | B) alone sufficient while I alone not sufficient to answer |
C) Both I and II are not sufficient to answer | D) Both I and II are necessary to answer |
Answer: D) Both I and II are necessary to answer
Explanation:
Explanation:
Given: T = 3 years.
I. gives: R = 8% p.a.
II. gives: S.I. = Rs. 1200.
Thus, P = Rs. 5000, R = 8% p.a. and T = 3 years.
Difference between C.I. and S.I. may be obtained.
So, the correct answer is (D).