Quantity I Find the compound interest earned on investing a sum of Rs 25000 at the rate of 8 per ann...........

Quantitative Aptitude ( CCS) Arithmatic inequalities

Quantity I: Find the compound interest earned on investing a sum of Rs.25000 at the rate of 8% per annum for 2 years.

Quantity II: Find the simple interest earned by Amit on lending a sum of Rs.18000 at the rate of 6% per annum for 4 years.

I =< II

I = II or No relation

I < II

I >= II

I > II

From I: Required C.I.= 25000[(1+8/100)^2 – 1] = Rs.4160
From II: Required Interest = 18000*6%*4 = Rs.4320
I < II

Hence, option 3 is the correct answer.

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