General Aptitude - 3.2 Simple Interest - Data Sufficiency 1 Free Online Tests | Mock Tests | Preparation | Practice Tests

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The simple interest on a sum of money is Rs. 50. What is the sum?
I.The interest rate is 10% p.a.
II.The sum earned simple interest in 10 years.

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 not sufficient to answer

D. Both I and II are necessary to answer

E. None of the above

View Answer

Correct choice: D

Explanation:

Given : S.I. = Rs. 50.

I gives, R = 10% p.a.

II gives, T = 10 years.

Sum =		100 x S.I.		= Rs.		100 x 50		= Rs. 50.
		T x R				10 x 10

Thus, I and II together give the answer.

Correct answer is (E).

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