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Answer

Correct Option is Statement (I) alone is sufficient to answer the question but statement (II) alone is not sufficient to answer the questions.

Solution:

Interest cannot be negative so the value of x= 8
Interest rate= (8+4)%= 12 %
II. Time period is not given so, statement (II) alone is not sufficient to answer the questions.
So, Statement (I) alone is sufficient to answer the question


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