Multiple choice

Directions: In these questions, two equations numbered I and II are given. You have to solve both the equations and give answer (a) x ≥ y (b) x ≤ y (c) x y (e) x = y or Relationship between x and y cannot be established Simple Interest (x) Simple interest on a certain sum of money for 15 months at 7 1/2% p.a. (y) Simple interest on the same sum for 8 months at 12 1/2% p.a.

  1. a

  2. b

  3. c

  4. d

  5. e
Reveal answer Fill a bubble to check yourself
D Correct answer
AI explanation

Use the simple interest formula SI = P * R * T / 100. For x, calculate the interest for 15 months (1.25 years) at 7.5% to get SI = P * 1.25 * 7.5 / 100 = 9.375P / 100. For y, calculate the interest for 8 months (0.66 years) at 12.5% to get SI = P * 0.66 * 12.5 / 100 = 8.333P / 100. Since 9.375P is greater than 8.333P, x is greater than y.

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