What is the rate of interest?
I. Simple interest accrued on an amount of Rs. 25,000 in two years is less than the compound interest for the same period by Rs. 250.
II. Simple interest accrued in 10 years is equal to the principal.

Question

Examsnet · Accepted Answer

Correct Answer is : If the data in Statement I alone or in Statement II alone are sufficient to answer the question

NIACL Model Paper 9 with solutions for free online practice