Mathematics · Quantities Comparison
Compare the following three quantities and determine the correct relationship: Quantity I: Sunil deposited a total of ₹12,000 in two schemes, A and B. Scheme A offers 15% simple interest per annum and Scheme B offers 10% compound interest per annum. After 2 years, the simple interest from Scheme A is ₹540 more than the compound interest from Scheme B. Find the interest received from Scheme A after 2 years. Quantity II: The cost price of article A is ₹900. Its marked price is 25% above the cost price, and successive discounts of 10% and x% are given. The cost price of article B is ₹2,000, and its marked price is 35% above the cost price, with successive discounts of 25% and (x/2)% given. If the loss incurred on selling article A is 10%, find the selling price of article B. Quantity III: The difference between the simple interest and compound interest for 3 years at 6% per annum on a certain sum is ₹27.54. Find the sum.
- 1Cannot be determined
- 2Quantity I < Quantity II < Quantity III✓
- 3Quantity I > Quantity II > Quantity III
- 4Quantity I > Quantity II = Quantity III
Correct answer
Quantity I < Quantity II < Quantity III
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