Question

Jolly borrowed some money at compound interest for 4 years. What will be the amount required to return after 4 years? Statement I: If the amount was borrowed at simple interest, then after 10 years Rs 1200 was required to pay as simple interest. Statement II: The rate of interest is 12% per annum Statement III: The sum of money borrowed is 15 times the amount required to be paid as simple interest after 3 years.

In each of the following questions, a question is followed by three statements numbered I, II and
III. Read all the statements and answer accordingly which statement/s are sufficient to find the answer .
A I and either II or III
B Even all statements together cannot answer the question
C II and III together
D I and III together
E All I, II and III
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