Quantitative Aptitude

Data Sufficiency 3 - Discussion Forum

Quantitative Aptitude Discussion Forum

Data Sufficiency 3

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Question 6733
Question 6733 Back to Exercise

Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years?

I. 

The rate of interest is 5 p.c.p.a.

II. 

Simple interest fetched on the same amount in one year is ₹ 600.

 III. 

The amount borrowed is 10 times the simple interest in 2 years.

A I only
B III only
C I or II only
D II and Either I or III only Correct
E All I, II and III are required
Correct Answer: Option D

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