Mathematics · Simple and Compound Interest
In the question, two quantities I and II are given. Solve both quantities and choose the correct option. Quantity I: Simple Interest on Rs. 3,600 for 3 years at 15% per annum. Quantity II: Compound Interest on Rs. 3,000 for 2 years at 20% per annum.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Quantity I = Quantity II
- 2Quantity I ≥ Quantity II
- 3Quantity I < Quantity II
- 4Quantity I > Quantity II✓
Correct answer
Quantity I > Quantity II
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