What is rate of interest ? I Total compound interest on Rs 1600 after 3 years is Rs 529.60. II Total simple interest on Rs 2000 after4 years in Rs 800.

If both statements (I) and (II) together are necessary.

If statement (I) alone is sufficient to answer, while statement (II) alone is not sufficient.

If statement (II) alone is sufficient to answer, while statement (I) alone is not sufficient.

If either statement (I) or (II) is sufficient.

What is rate of interest ? I Total compound interest on Rs 1600 aft

1.	What is rate of interest ? I Total compound interest on Rs 1600 after 3 years is Rs 529.60. II Total simple interest on Rs 2000 after4 years in Rs 800.
A.	If statement (I) alone is sufficient to answer, while statement (II) alone is not sufficient.
B.	If statement (II) alone is sufficient to answer, while statement (I) alone is not sufficient.
C.	If either statement (I) or (II) is sufficient.
D.	If both statements (I) and (II) together are necessary.
Answer» D. If both statements (I) and (II) together are necessary.

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What is rate of interest ? I Total compound interest on Rs 1600 after 3 years is Rs 529.60. II Total simple interest on Rs 2000 after4 years in Rs 800.

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