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     EduGorilla 
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    The problem below contains a question and two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the question.

    What is the rate of compound interest given by a bank?

    I. A deposit of Rs. 300 becomes Rs. 330 in 3 years.
    ΙΙ. The bank compounds the interest every six months.

    Options :-

    1. If Statement Ι alone is sufficient but Statement ΙΙ alone is not sufficient.

    2. If Statement ΙΙ alone is sufficient but statement Ι alone is not sufficient.

    3. If both statements Ι and ΙΙ together are sufficient but neither of statements alone is sufficient.

    4. If each statement alone is sufficient.

    5. If statement Ι and ΙΙ together are not sufficient.

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