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What is the rate of the Compound Interest?
I. A certain amount invested at the compound interest rate amounts to Rs. 1331
II. The amount was invested for a period of three years.
If the data in statement I alone is sufficient to answer the question.
If the data in statement II alone is sufficient to answer the question.
If the data either in statement I alone or statement II alone are sufficient to answer the question.
If the data given in both I and II together are not sufficient to answer the question.
If the data in both the statements I and II together are necessary to answer the question.
Principal is not given, We can not find the rate of CI from both statements.
Hence, option 4 is the correct answer.
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