Directions The following question is accompanied by three statements I II and III You have to determ...........

Quantitative Aptitude(IBPS PO) Data Sufficiency

Directions: The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions. Find the principal amount.

Statement I: The compound interest obtained when a sum is invested at 25% rate for 2 years is Rs. 250 more than the simple interest obtained when the same amount is invested at a 5% rate for 1 year.

Statement II: A sum gets two more than its triple when it is invested at 3.5% rate compounded annually.

Statement III: The difference of amount on a sum invested at 8% rate compounded annually and semi-annually is Rs. 279.

This questions was previously asked in

IBPS PO Mains (04 Feb, 2021)

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The data in statement I alone is sufficient to answer the question, while the data in statement II and statement III alone are not sufficient to answer the question.

The data in statement II alone is sufficient to answer the question, while the data in statement I and III is not sufficient to answer the question.

The data in statement I alone or in statement II alone is sufficient to answer the question, while the data in statement III alone is not sufficient to answer the question.

The data in all the statements I, II and III is not sufficient to answer the question.

The data in statements I and statement II are sufficient to answer the question, while the data in statement III alone is not sufficient to answer the question.

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Explanation:

The data in statement I alone is sufficient to answer the question, while the data in statement II and statement III alone are not sufficient to answer the question.

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