Each of the questions below consists of a question and two statements (I) and (II) given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer

1) If the data in statement (I) alone is sufficient to answer the question, while the data in statement (II) alone is not sufficient.
2) If the data in statement (II) alone is sufficient to answer the question while the data in statement (I) alone is not sufficient.
3) If the data either in statement (I) alone or in statement (II) alone is sufficient to answer the question.
4) If the data in both the statements (I) and (II) together are necessary to answer the question.
5) If the data even in both the statements (I) and (II) together are not sufficient to answer the question.

What is the rate of simple interest on which a man took a loan from the bank?

I. The man took a loan of Rs.5000 for five years from the bank.
II.The man returned Rs.6700 to the bank at the end of two years and settled the loan.



[ A ]    1
[ B ]    2
[ C ]    3
[ D ]    4 right
[ E ]    5
Answer : Option D
Explanation :
500
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