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What is the rate of interest percentage ...

What is the rate of interest percentage per annum?
I. An amount of 6200 fetches simple interest of 1736 in 2 yr.
II. An amount of 4500 fetches compound interest of 1348.20 in 2 yr.

A

If the data given in Statement I alone are sufficient to answer the question whereas the data given in Statement II alone are not sufficient to answer the question

B

If the data given in Statement II alone are sufficient to answer the question whereas the data given in Statement alone are not sufficient to answer the question

C

If the data in either Statement I alone or in statement II alone are sufficient to answer the question

D

If the data in both the Statements I and II are not sufficient to answer the question

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The correct Answer is:
C
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