Mathematics · Aptitude Definition
Consider the following statements: Statement I: A percentage is a fraction whose denominator is always 100. Statement II: Principal is the sum of money borrowed or lent out. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both I and II are incorrect
- 2Both I and II are correct✓
- 3Only II is correct
- 4Only I is correct
Correct answer
Both I and II are correct
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