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In the following questions, two statements numbered I and II are given. On solving them, we get quantities I and II respectively. Solve for both the quantities and choose the correct option.
Quantity I: Difference between CI and SI for 3 years at the rate of 12% per annum for principal 150000.
Quantity II: Number of students in Navodaya Vidyalaya Delhi during 2013 was 5600 and it changes at a rate of 15% per annum. The number of students during 2015.
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < quantity="" />
  • c)
    Quantity I = Quantity II or the relationship cannot be determined
  • d)
    Quantity I ≥ Quantity II
  • e)
    Quantity I ≤ Quantity II
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
In the following questions, two statements numbered I and II are give...
Quantity I
CI = 150000 x (1.12)3 - 150000 = 210739.2 - 150000 = 60739.2
SI = 150000 x 12 x 3/100 = 54000
Difference = Rs 6739.2
Quantity II:
Since the nature of change is not given, the number of students may increase or decrease.
Case 1: when there is increase
Number in 2015 = 5600 x 1.15 x 1.15 = 7406
Case 2: when there is decrease
Number in 2015 = 5600 x 0.85 x 0.85 = 4046
Hence, Relation can't be established.
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In the following questions, two statements numbered I and II are given. On solving them, we get quantities I and II respectively. Solve for both the quantities and choose the correct option.Quantity I: Difference between CI and SI for 3 years at the rate of 12% per annum for principal 150000.Quantity II: Number of students in Navodaya Vidyalaya Delhi during 2013 was 5600 and it changes at a rate of 15% per annum. The number of students during 2015.a) Quantity I > Quantity IIb) Quantity I c) Quantity I = Quantity II or the relationship cannot be determinedd) Quantity I ≥ Quantity IIe) Quantity I ≤ Quantity IICorrect answer is option 'C'. Can you explain this answer?
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