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Suffiicient.Statement 2) Using Binomial theorem, we can infer \((1+r/100)^2 > 1.15\) as \((1+2r/100) > 1.15\).On solving this relation we will get, r>7.5.But since its not given that r is an integer then r can be 7.51, 7.6,9, 11 etc.
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