Mathematics · Aptitude and Calculations
Evaluate the following two quantities to determine the relationship between them: Quantity I: Rohit invests 30% of a certain amount at 20% p.a. compound interest (compounded annually) for 2 years and the remaining amount at 10% p.a. simple interest for 2 years. If the total interest earned after 2 years is Rs. 4,680, find the amount invested at simple interest. Quantity II: The cost price of an article is Rs. (C - 800). It is marked 50% above its cost price and sold after allowing a discount of Rs. 1,500. If the profit earned is Rs. 2,700, find the selling price of the article.
- 1Quantity I > Quantity II✓
- 2Quantity I ≥ Quantity II
- 3Quantity II > Quantity I
- 4Quantity II ≥ Quantity I
Correct answer
Quantity I > Quantity II
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