Question

What is the rate percent per annum? Quantity
I. Sum of money becomes four times in five years at simple interest. Quantity
II. The difference between compound interest and simple interest on a sum of Rs. 15,000 at the end of two years is Rs. 9,600.

Study the following information carefully and answer the Questions given below:
A Quantity I ≥ Quantity II
B Quantity I < Quantity II
C Quantity I ≤ Quantity II
D Quantity I > Quantity II
E Quantity I = Quantity II or No relation can be established
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