Question
The simple interest accrued on a sum at the rate of 10% p.a. for two years is Rs. 5,000. Quantity I – What will be the compound interest on the same amount at the same rate for 2 years? Quantity II – What will be the compound interest on the same amount at 8% p.a. for 3 years?
In each of the following questions, read the following questions, read the given statements and compare given two quantities on its basis:
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