Question

In the question, two quantities I and II are given. You have to solve both the quantities to establish the correct relation between Quantity-I and Quantity-II and choose the correct option. Quantity-I: A shopkeeper sells an article at a profit of 20%. If he had bought it at 10% less cost and sold it for Rs. 18 less, he would have gained 25%. Find the original cost price of the article. Quantity-II: A sum of money triples itself in 8 years under simple interest. Find the initial sum of money if the interest earned on it in 5 years is Rs. 300?

A Quantity-I > Quantity-II
B Quantity-I < Quantity-II
C Quantity-I ≤ Quantity-II
D Quantity-I = Quantity-II or No relation
E Quantity-I ≥ Quantity-II
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