246 .
Sri Gupta borrowed a sum at compound interest. What is the amount returned in 2 years ?

I. The rate of interest is 5 % per annum.
II. The simple interest incurred on the sum in 1 year is 600.
III.The borrowed sum is ten times the amount earned at simple interest in two years.
A.Only I
B. Only III
C. Both II and III
D.Either I or III
E.Neither I nor III
View AnswerAns: Both II and III