Question

Quantity I: Aditya invests Rs. Y at 15% simple interest

Q: Answer- Quantity I: Aditya invests Rs. Y at 15% simple interest for 4 years, and Varun invests the same amo...

Quantity I The difference between the interest received by Varun and Aditya 125Y100 - 60Y100 1300 65Y 130000 Y 2000 Quantity II Difference Principal r100 45 P 15100 P 2000 Answer D

for 4 years, and Varun invests the same amount at 25% simple interest for 5 years. If the difference between the interest earned by Varun and Aditya is Rs. 1300, what is the value of Y? Quantity II: The difference between the compound interest and simple interest for 2 years at 15% per annum is Rs. 45. What is the sum?

A Quantity I > Quantity II

B Quantity II ≥ Quantity I

C Quantity I ≥ Quantity II

D Quantity I = Quantity II or Relationship cannot be established

E Quantity II > Quantity I

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Quantity I: Aditya invests Rs. Y at 15% simple interest

Solution