Mathematics · Data Sufficiency
Study the question and the three statements given below. Question: What is the total compound interest earned at the end of 3 years? Statements: A. Simple interest at the same rate and for the same number of years is Rs. 4500. B. The rate of interest is 10% per annum. C. Compound interest for 3 years is Rs. 465 more than the simple interest for the same period. Which of the statements given above is/are necessary to answer the question?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A and B only
- 2B and C only
- 3Either (A and B) or (B and C)✓
- 4The question cannot be answered even if we use all three statements.
Correct answer
Either (A and B) or (B and C)
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