A question is given followed by two statements I and II. Consider the Question and the Statements and mark the correct option.<br><br>Question: What is the amount at the end of 10 years?<br><br>Statement-I: The principal amount is 1,00,000<br><br>Statement-II: Rate of interest is 10% per annum<br><br>Which one of the following is correct in respect of the above Question and the Statements?

  1. A. The Question can be answered by using one of the Statements alone, but cannot be answered using the other Statement alone
  2. B. The Question can be answered by using either Statement alone
  3. C. The Question can be answered by using both the Statements together, but cannot be answered using either Statement alone
  4. D. The Question cannot be answered even by using both the Statements together ✓

Correct Answer: D. The Question cannot be answered even by using both the Statements together

Explanation

To calculate the final amount, we need the Principal, Rate, Time, and the type of interest (Simple Interest or Compound Interest). The statements do not mention whether the interest is calculated as simple or compound, so the exact amount cannot be determined.

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