Simple Interest – Data Sufficiency 2

Directions to Solve

Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.

1. What is the principal sum?

I. The sum amounts to Rs. 690 in 3 years at S.I.
II. The sum amounts to Rs. 750 in 5 years at S.I.
III. The rate of interest is 5% 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
E. Any two of the three

Correct Answer: E. Any two of the three

Answer Explanation:

principal sum

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