Question

What is the rate of interest per annum ?
I. Difference between CI and SI for 2 years on an amount of Rs. 15,000 at the rate is Rs. 96.
II. The amount double itself at simple interest in 5 years.

Each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer –
A If the data in statement I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question.
B If the data in statement II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question.
C If the data either in statement I alone or in statement II alone is sufficient to answer the question.
D If the data in both statements I and II together are necessary to answer the question.
E If the data even in both statements I and II together are not sufficient to answer the question.
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