Multiple choice

Directions: You are given two quantities, Quantity I and Quantity II. Compare the two quantities and choose the correct option accordingly. Ms. Abrol lent a part of Rs. 2700 to Mr. A and the remaining to Mr. R for 2 years. The interest paid was the same. Quantity I. Amount lent to Mr. A, if he paid a simple interest of r% per annum Quantity II. Amount lent to Mr. R, if he paid a compound interest of 8% p.a.

  1. Quantity I > Quantity II

  2. Quantity I < Quantity II

  3. Quantity I = Quantity II

  4. No relation
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The problem states the interest paid is the same for both, but the interest rates (r% vs 8%) and the amounts are unknown. Without knowing r or the specific split of the 2700, the relationship between the two amounts cannot be determined.

AI explanation

Quantity I represents the amount lent to Mr. A as a variable formula, r, so its value cannot be computed or compared without knowing the specific numerical value of the rate r. Because Quantity I's numerical value is entirely dependent on the missing variable r, no concrete comparison can be made. Therefore, no relation can be established.

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