Directions for questions 21 – 25: Each question below is followed by two statements A and B. You are to determine whether the data given in the statement is sufficient for answering the question. You should use the data and your knowledge of mathematics to choose between the possible answers.
Give answer (1) if the statement (A) alone is sufficient to answer the question, but the statement B alone is not sufficient.
Give answer (2) if the statement (B) alone is sufficient to answer the question, but the statement A alone is not sufficient.
Give answer (3) if both statements (A) and (B) together are needed to answer the question.
Give answer (4) if either the statement (A) alone or statement (B) alone is sufficient to answer the question.
Given answer (5) if you cannot get the answer from the statement (A) and (B) together, but need even more data.

What is the rate of p.c.p.a. on an amount of Rs. 15,000/- deposited in a Bank?
(A) The simple interest for two years is Rs. 3,600/-.
(B) The difference between the simple interest and compound interest is Rs. 216/-.

Options
- 1
- 2
- 3
- 4
- 5


CORRECT ANSWER : 1

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