Question

What is the principal amount? Statement I: The Simple Interest after 2 years on a certain sum at 10% p.a is Rs. 1200. Statement II : The sum becomes double in 5 years in simple interest. Statement III: The difference between simple & compound interest on a certain sum for 2 years is Rs. 500

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.
A Only I
B All I, II and III together
C II and III together
D only I and either I or II
E I or II and III
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