What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest. II. Difference b

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Q 1423234141.     What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest.

II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400.

III. Simple interest earned per annum is Rs. 2000.
A

I only

B

II and III only

C

All I, II and III

D

Any two of the three

E

I only or II and III only

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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