Question:

Given questions below is followed by three statements. Study the questions and statements, identify which option is necessary to answer the question.
What is the principal sum ?
I. The interest amount after 30 months is half the interest amount after five years.
II. The sum amounts to rs 750 in a five years at simple interest rate.
III. The rate of interest is 8% p.a.

Updated On: Jul 29, 2024
  • One and three only.
  • Two and three only.
  • One and two only
  • One and three only or two and three only
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The Correct Option is B

Solution and Explanation

The correct option is (B) : Two and three only.
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