Mathematics · Data Sufficiency
What is the difference between simple interest and compound interest at the same rate for a period of 5 years? Statement I: The loan amount is Rs. 25000. Statement II: The simple interest for the period is Rs. 12500.
- 1If the question can be answered by using statement I alone but not by using statement II alone
- 2If the question can be answered by using statement II alone but not by using statement I alone
- 3If the question can be answered by using either statement alone
- 4If the question can be answered by using both statements together but not by either statement alone✓
Correct answer
If the question can be answered by using both statements together but not by either statement alone
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