Question
Quantity I: A person invests Rs. 10,000 in a bank at an
interest rate of 5% per annum, compounded annually. What is the total amount in the account after 3 years? Quantity II: Another person invests Rs. 12,000 in a different bank at an interest rate of 4% per annum, compounded annually. What is the total amount in that account after 2 years? Two quantities, Quantity I and Quantity II, are provided. Your task is to solve both quantities and determine the correct relationship between them. Choose the appropriate option.Solution
Quantity I: Total amount after 3 years = P(1 + r/100n)^(nt)Â = 10000(1 + 0.05/1)^(1*3)Â = 10000(1.157625)Â = 11576.25. Quantity II: Total amount after 2 years = P(1 + r/100n)^(nt)Â = 12000(1 + 0.04/1)^(1*2)Â = 12000(1.0816)Â = 12979.20. Answer: A (Quantity I < Quantity II)
COGENT
 Select the option that expresses the given sentence in reported speech.
"I have completed the project ahead of schedule," he said.
...I. On the global stage, India has a vital role in curbing climate change and catalysing action by other countries.
II. A year from now, citizens ...
Fill in the blanks with appropriate prepositions from among the choices given below them.
The cricketers walked ______ the field to check the pitch.
Select the correctly punctuated sentence from the options below.
The impact of the first round of sanctions is (A)/like to be limited, as Western governments are for now (B)/preferring to keep the much larger sanctio...
We have made progress in our development journey, and people (came) out in large numbers to vote for development.
Choose the correct combination of grammatically incorrect sentences
I. The ongoing crisis in Afghanistan, marked by the Taliban's takeover of t...
If you’re looking to upgraded your existing machine, you can usually find options that are easy to install yourself.
The Indian side argued that a large number of (A)/ Western and European countries, in particular , (B)/was purchasing energy from Russia (C)/even thoug...
Relevant for Exams:
