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Study the following information carefully and answers the questions given below.
Quantity I: A man invested Rs. 800 in a bank and received Rs. 204 as a simple interest after 3 years of his investment. Find at what rate of interest he put his investment?
Quantity II: A person bought an old mobile for Rs. 3600 and he spent Rs. 900 on its repair. If the person marked up the price of mobile by x% and sold it for Rs. 4750 after giving a discount of Rs. 146. Then find value of x?
  • a)
    Quantity I ≤ Quantity II
  • b)
    Quantity I < quantity="" />
  • c)
    Quantity I = Quantity II or No relationship can be established
  • d)
    Quantity I ≥ Quantity II
  • e)
    Quantity I > Quantity II
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Study the following information carefully and answers the questions g...
Quantity I
Let the rate of the interest is = x% per annum
So, according to the question,
= (800 × x × 3)/100 = 204
= 24x = 204
= x = 8.5%
Hence, the required answer is = 8.5%.
Quantity II:
Marked up on mobile is = x%
Cost price of mobile phone = Rs. 3600
So, total cost price of mobile after repair = 3600 + 9 => Rs. 4500
Then, according to the question,
= [4500 × (100 + x)/100] = 4750 + 146
= 45 × (100 + x) = 4896
= 4500 + 45x = 4896
= 45x = 396
= x = 8.8%
Hence, the required answer is = 8.8%.
Hence, Quantity I < quantity="" />
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Study the following information carefully and answers the questions given below.Quantity I: A man invested Rs. 800 in a bank and received Rs. 204 as a simple interest after 3 years of his investment. Find at what rate of interest he put his investment?Quantity II: A person bought an old mobile for Rs. 3600 and he spent Rs. 900 on its repair. If the person marked up the price of mobile by x% and sold it for Rs. 4750 after giving a discount of Rs. 146. Then find value of x?a)Quantity I ≤ Quantity IIb)Quantity I c)Quantity I = Quantity II or No relationship can be establishedd)Quantity I ≥ Quantity IIe)Quantity I > Quantity IICorrect answer is option 'B'. Can you explain this answer?
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Study the following information carefully and answers the questions given below.Quantity I: A man invested Rs. 800 in a bank and received Rs. 204 as a simple interest after 3 years of his investment. Find at what rate of interest he put his investment?Quantity II: A person bought an old mobile for Rs. 3600 and he spent Rs. 900 on its repair. If the person marked up the price of mobile by x% and sold it for Rs. 4750 after giving a discount of Rs. 146. Then find value of x?a)Quantity I ≤ Quantity IIb)Quantity I c)Quantity I = Quantity II or No relationship can be establishedd)Quantity I ≥ Quantity IIe)Quantity I > Quantity IICorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Study the following information carefully and answers the questions given below.Quantity I: A man invested Rs. 800 in a bank and received Rs. 204 as a simple interest after 3 years of his investment. Find at what rate of interest he put his investment?Quantity II: A person bought an old mobile for Rs. 3600 and he spent Rs. 900 on its repair. If the person marked up the price of mobile by x% and sold it for Rs. 4750 after giving a discount of Rs. 146. Then find value of x?a)Quantity I ≤ Quantity IIb)Quantity I c)Quantity I = Quantity II or No relationship can be establishedd)Quantity I ≥ Quantity IIe)Quantity I > Quantity IICorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Study the following information carefully and answers the questions given below.Quantity I: A man invested Rs. 800 in a bank and received Rs. 204 as a simple interest after 3 years of his investment. Find at what rate of interest he put his investment?Quantity II: A person bought an old mobile for Rs. 3600 and he spent Rs. 900 on its repair. If the person marked up the price of mobile by x% and sold it for Rs. 4750 after giving a discount of Rs. 146. Then find value of x?a)Quantity I ≤ Quantity IIb)Quantity I c)Quantity I = Quantity II or No relationship can be establishedd)Quantity I ≥ Quantity IIe)Quantity I > Quantity IICorrect answer is option 'B'. Can you explain this answer?.
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