1.

Consider the given question and decide which of the following statement(s) is/are sufficient to answer the question.X took a loan from Y on compound interest. Find the rate per annum.Statements:1. After 3 years, X paid Rs. 500 as interest.2. After 3 years, X paid Rs. 1,500 to clear his loan with Y.

A. Both 1 and 2 together are sufficient to answer the question.
B. 1 alone is sufficient while 2 alone is not sufficient to answer the question.
C. 2 alone is sufficient while 1 alone is not sufficient to answer the question.
D. Either 1 or 2 is sufficient to answer the question.
Answer» B. 1 alone is sufficient while 2 alone is not sufficient to answer the question.


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