Simple Interest - General Aptitude

Each of the questions given below consists of a question followed by three statements. You have to study the question and the statements and decide which of the statement(s) is/are necessary to answer the question.

What is the principal sum?

I. The sum amounts to Rs. 690 in 3 years at S.I.

II. The sum amounts to Rs. 750 in 5 years at S.I.

III. The rate of interest is 5% p.a.

A I and III only

B II and III only

C I and II only

D I and III only, or II and III only

E Any two of the three

ANS:E - Any two of the three

Clearly, any two of the three will give us the answer. Correct answer is (E).

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