In each of the following question, a question is followed by information given in two statement named as Quantity-1 (Q1) and Quantity -II (Q2). You have to study the information along with the question and compare the value derived from Quantity-1 and Quantity-11 and give answer- |
(I) The difference between SI and CI compounded annually on a certain sum of money for 2 years at 8% per annum is Rs. 12.80. Find the principal |
(II) A sum fetched a total simple interest of Rs. 800 at the rate of 8 %per annum in 5 years. What is the sum? |
A) Quantity I > Quantity II
B) Quantity \[\text{ }\mathbf{I}\text{ }\ge \] Quantity II
C) Quantity II > Quantity I
D) Quantity II \[\text{ }\ge \] Quantity I
E) Quantity I = Quantity II or Relation cannot be established
Correct Answer: E
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