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.

• 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