Mathematics · Quantitative Aptitude
Determine the relationship between Quantity I and Quantity II based on the information below: Quantity I: Rohit has a certain amount. He invests 40% of the amount in compound interest at 20% p.a. (compounded annually) for 2 years and the remaining amount in simple interest at 10% p.a. for 2 years. If the total interest earned by him after 2 years is Rs. 5,920, find the amount invested in simple interest. Quantity II: The cost price of an article is Rs. (C - 1,000). It is marked 60% above its cost price and sold after allowing a discount of Rs. 2,160. If the profit earned is Rs. 3,600, find the selling price of the article.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Quantity I > Quantity II
- 2Quantity I ≥ Quantity II
- 3Quantity II > Quantity I✓
- 4Quantity II ≥ Quantity I
Correct answer
Quantity II > Quantity I
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