Lessons

General Aptitude
3.2 Simple Interest - Data Sufficiency 1

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Q.

What is the rate of simple interest?
I.The total interest earned was Rs. 4000.
II.The sum was invested for 4 years.

View Answer

Correct choice: D

Explanation:

We know that, R = 100 x S.I.
P x T

Now, I gives, S.I. = Rs. 4000.

II gives, T = 4 years.

But, P is unknown. So, we cannot find R.

So, given data is insufficient to get R.

Correct answer is (D).

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