Quantity I Ram invested a sum of Rs 52 000 in scheme offering compound interest at the rate of 10 pe...........

Quantitative Aptitude (RBI Grade B) Quadratic Equations

Given below are two quantities named I and II. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answers

Quantity I: Ram invested a sum of Rs. 52, 000 in scheme offering compound interest at the rate of 10% per annum. Find the interest earned by him after 3 years.

Quantity II: Rahim invested Rs. 28, 750 in a scheme offering simple interest at the rate of 20% per annum. Find the interest earned by him after 3 years.

Quantity I > Quantity II

Quantity I < Quantity II

Quantity I ≥ Quantity II

Quantity I ≤ Quantity II

Quantity I = Quantity II or No relation

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