1. The simple interest on a sum of money is Rs. 50. What is the sum? I. The interest rate is 10% p.a. II. The sum earned simple interest in 10 years

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 necessary to answer

View Answer
Option – D.