Question

In each of the following questions, two quantities are given: one as Quantity I and the other as Quantity
II. Using the information provided, you have to determine the relationship between the two quantities and choose: For a certain sum P₁, the simple interest at 8% per annum for 5 years is Rs. 8,000. For another sum P₂, the compound interest at 10% per annum for 2 years is Rs. 4,410. Quantity I: Amount obtained from P₁ after 5 years Quantity II: Amount obtained from P₂ after 2 years

Q: Answer-In each of the following questions, two quantities are given: one as Quantity I and the other as Qua...

ATQ, For P SI SI P 8 5 100 8,000 40P 100 8,000 P 2.5 8,000 P 20,000 Amount P SI 20,000 8,000 28,000 For P CI At 10 for 2 years, CI P 1.10 1 P 21100 P 21 100 4,410 P 4,410 100 21 21,000 Amount P CI 21,000 4,410 25,410 So Quantity I 28,000 and Quantity II 25,410 Quantity I Quantity II