1.  What will be compounded amount?

 I. ₹ 200 was borrowed for 192 months at 6% compounded annually.

II. ₹ 200 was borrowed for 16 years at 6%.

A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer

Answer: Option C

Explanation:

 I. Amount = ₹ 200 x 1 + 6 16
100

II. Amount = ₹ 200 x 1 + 6 16
100

Thus, I as well as II gives the answer.

∴ Correct answer is (C).