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Q: Vijay lent Rs.5000. At what rate percent per annum he lent the money?Statement I: The difference between the simple interest and compound interest on same money is Rs.60.Statement II: The simple interest obtained after 4 years is Rs.300.Statement III: The difference between compound interest and simple interest on Rs.60,000 in 2 years is Rs.1350.

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  1.  Only I and II together are sufficient

  2.  Either II or III are sufficient

  3.  Any two of the three are sufficient

  4.  All three together are needed

  5.  Even all together are not sufficient

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