RBI Assistant 2022 · Question 77 of 118

Rs.2500 invested at the rate of 8% per annum for five years on simple interest and Rs.2000 invested at the rate of 10% per annum for two years on compound interest. Quantity I: Simple interest obtained. Quantity II: Compound interest obtained. In the given questions, two quantities are given, one as ‘Quantity I’ and another as ‘Quantity II’. You have to determine relationship between two quantities and choose the appropriate option:

Percentage

1. AQuantity I > Quantity IICorrect
2. BQuantity I < Quantity II
3. CQuantity I ≥ Quantity II
4. DQuantity I ≤ Quantity II
5. EQuantity I = Quantity II or no relation