Find the sum Quantity I If the Compound Interest for 2 years at 20 rate of interest is Rs 1 320 Quan...........

Quantitative Aptitude ( CCS) Arithmatic inequalities

Find the sum

Quantity I: If the Compound Interest for 2 years at 20% rate of interest is Rs 1,320.

Quantity II: If the amount on a sum for 2 years in which rate of interest for 3 years makes a sum of 125 to amount 216 is Rs 2880.

Quantity I > Quantity II

Quantity I ≥ Quantity II

Quantity II > Quantity I

Quantity II ≥ Quantity I

Quantity I = Quantity II or Relation cannot be established

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Explanation:

CI for 2 years on 20%=1/5
5             6
5             6
5*5=25   6*6=36
CI=36-25=11 =1320
Sum=25=3000
Quantity II: Find Rate
Cube root(125): Cube root (216)
5:6
rate= (6-5)/5*100=20% =1/5
5             6
5             6
5*5=25   6*6=36
36=2880; hence 25=2000
I > II