Question
Quantitative Ability and Data Interpretation Question on SI & CI
What is the principal sum?
I. The interest amount after 30 months is half the interest amount after 5 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.
A
I and III only
B
II and III only
C
I and II only
D
I and III only, or II and III only
Answer
II and III only
Explanation
Solution
The correct option is (B): II and III only