Q:
What is the sum which earned interest?
I. The total simple interest was Rs. 7000 after 7 years.
II. The total of sum and simple interest was double of the sum after 5 years.
Answer & Explanation
Answer: D) Both I and II are necessary to answer
Explanation:
Let the sum be Rs. x.
I gives, S.I. = Rs. 7000 and T = 7 years.
II gives, Sum + S.I. for 5 years = 2 x Sum Sum = S.I. for 5 years.
Now, S.I. for 7 years = Rs. 7000.
therefore, S.I. for 1 year = Rs. 1000.
Thus, I and II both are needed to get the answer.
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