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    What is the rate of interest per annum?

    Statements:

    1.The difference between the compound interest and simple interest earned in two years on the amount invested is Rs I00.

    11. The amount becomes Rs I9,500 in three years on simple interest.

    111. Thc simple interest accrued in two years on the same amount at the same rate of interest is Rs3.000.

  • Only I and II
  • Only I and III
  • Only II and III
  • Only I and either I I or III
  • None of these