Aptitude - Simple Interest - Discussion

Discussion Forum : Simple Interest - Data Sufficiency 2 (Q.No. 1)
Directions to Solve

Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.


1.

What is the principal sum?

I. 

The sum amounts to Rs. 690 in 3 years at S.I.

II. 

The sum amounts to Rs. 750 in 5 years at S.I.

 III. 

The rate of interest is 5% p.a.

I and III only
II and III only
I and II only
I and III only, or II and III only
Any two of the three
Answer: Option
Explanation:

Clearly, any two of the three will give us the answer.

Correct answer is (E).

Discussion:
31 comments Page 4 of 4.

Abcd said:   1 decade ago
P + P.3.r% = 690---(1)

P + P.5.r% = 750---(2)

divide eqn 1 by 2 to get r and then p.


Post your comments here:

Your comments will be displayed after verification.