Question:To find out the total compound interest accrued on a sum of money after `5` years, which of the following information given in the statements A and B is/are sufficient ?
A: the rate of interest was `6%` per annum.
B: The total simple interest on the same amount after `5` yaars at the same rate will be Rs.`600` 

A only A is sufficient 
B Either A or B is sufficient 
C Both A & B together are needed 
D Only A is sufficient 

+ Answer
C 

+ Explanation
Using A and B both, we may calculate :

Sum`= ((100 xx 600)/(6 xx 5))`

`= Rs. 2000`.

So,the compound interest may be obtained.

Thus, both A and B together are needed.

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Irin Moni

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