Simple Interest 48Q

48.	The simple interest on a sum of money is Rs. 50. What is the sum? I.  The interest rate is 10% p.a.  II.  The sum earned simple interest in 10 years.
	A. I alone sufficient while II alone not sufficient to answer B. II alone sufficient while I alone not sufficient to answer C. Either I or II alone sufficient to answer D. Both I and II are not sufficient to answer E. Both I and II are necessary to answer

Answer: Option E

Explanation:

Given : S.I. = Rs. 50.

I gives, R = 10% p.a.

II gives, T = 10 years.

Sum =		100 x S.I.		= Rs.		100 x 50		= Rs. 50.
		T x R				10 x 10

Thus, I and II together give the answer.

                        Correct answer is (E).