Mathematics · Compound Interest and Speed-Time-Distance
Given below are two statements: Statement I: Rs. 10,000 will become Rs. 13,310 at 20% per annum, compounded half-yearly in 1.5 years. Statement II: A 800m long train is running at the speed of 78 km/h. If it crosses a tunnel in 1 minute, the length of the tunnel is 1,300m. In light of the above statements, choose the correct answer from the options given below:
- 1Both Statement I and Statement II are true
- 2Both Statement I and Statement II are false
- 3Statement I is true but Statement II is false✓
- 4Statement I is false but Statement II is true
Correct answer
Statement I is true but Statement II is false
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