Instructions

In the following questions each question is followed by data in the form of two statement labelled as I and II. You must decide whether the data given in the statements are sufficient to answer the questions.

Question 1

What is the rate of interest percent per annum?
I. The difference between the compound and simple interest on an amount of Rs. 1,15,500 is Rs. 415.8 at the end of 2 years
II. The simple interest earned at the end of one year is Rs. 2420.

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AP ICET 10th September 2020 Shift-1

What is the rate of interest percent per annum?I. The difference between the compound and simple interest on an amount of Rs. 1,15,500 is Rs. 415.8 at the end of 2 yearsII. The simple interest earned at the end of one year is Rs. 2420.

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What is the rate of interest percent per annum?
I. The difference between the compound and simple interest on an amount of Rs. 1,15,500 is Rs. 415.8 at the end of 2 years
II. The simple interest earned at the end of one year is Rs. 2420.