What is the S.I accrued on a principle of Rs.6000 in 5 years. Quantity I – The…
2025
What is the S.I accrued on a principle of Rs.6000 in 5 years.
Quantity I – The rate of interest for the first 2 years is 10% and for the last 3 years is 15%.
Quantity II – Rs.3900
- A.
Quantity I > Quantity II
- B.
Quantity I < Quantity II
- C.
Quantity I ≥ Quantity II
- D.
Quantity I ≤ Quantity II
- E.
Quantity I = Quantity II or no relation
Attempted by 3 students.
Show answer & explanation
Correct answer: E
Quantity I simple interest = 6000 x 10% x 2 + 6000 x 15% x 3 = 1200 + 2700 = 3900. Quantity II is also 3900, so the two quantities are equal.