1.

What is the rate of interest p.c.p.a.? I. The amount doubles itself in 5 years on simple interest. II. Difference between the compound interest and the simple interest earned on this amount in two years is $400. III. Simple interest earned per annum is $2000.

A. Only I
B. Only II and III
C. Any two of the three
D. All I, II and III
E. Only I or only II and III
Answer» F.


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