In the following questions a question is followed by data in the form of two statements labelled as I and Il. You must decide whether the data given in the statements are sufficient to answer the questions. Using the data make an appropriate choice from (a) to (d) as per the following guidelines :
What is the simple interest eamed yearly on a deposit in a bank ?
I. The amount deposited is ₹ 10,000.
II. The rate of interest is 8%.
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