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Directions: Each of the question given below consist of a question and two statements I & II. Read the statements and decide which of the statement(s) are necessary and sufficient to answer the given question. The total profit% earned in an year when simple interest on 20% of a principal is added to the compound interest taken annually on the remaining part for 2 years?
Statement I: Rates of both interests are 5% & 10% respectively.
Statement II: Profit earned in S.I is Rs.1500.
The data in Statement I alone, is sufficient to answer the question, while the data in Statement II alone, is not sufficient to answer the question.
The data in Statement II alone, is sufficient to answer the question, while the data in Statement I alone, is not sufficient to answer the question.
The data either in Statement I or in Statement II alone, is sufficient to answer the given question.
The data given in Statement I and II together, is not sufficient to answer the question.
The data in both Statement I and II together, is necessary to answer the question.
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