IBPS Clerk Prelims Model Paper 15

From I , Simple interest
= ₹ 11480
Principle = ₹ 14350
Time = 4 yr
11480 =

14350×4×R

100

∴ R =

11480×100

14350×4

= 20 %
From II. Let the principle = x
Amount = 2 × x = 2x
Then, SI = 2x – x = x
Time = 5 yr
⇒ x =

x×5×R

100

∴ R = 20%
So, data in statement I alone or in statement ll alone is sufficient to answer the question.