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Directions: Read the line graph carefully and answer the following questions.
The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.
Note:
1. Income mention in the line graph is in thousands.
2. Income = Expenditure + Saving
Given below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answers
Quantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?
Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I < quantity="" />
  • c)
    Quantity I ≥ Quantity II
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: Read the line graph carefully and answer the following qu...
For P in 2019,
Income = Rs. 40000
Expenditure = 40000 × 4/5 = Rs. 32000
⇒ Savings = 40000 – 32000 = Rs. 8000
For P in 2020,
Income = Rs. 50000
Expenditure = 50000 × 3/5 = Rs. 30000
⇒ Saving of P in 2020 = 50000 – 30000 = Rs. 20000
Similarly, we can find the expenditure and saving of Q, R, S, and T in two years
We know that
Compound interest = P × (1 + r/100) n – P
Simple interest = (PRT)/100
By Quantity I:
Total saving of P = Rs. 8000 + Rs. 20000 = Rs. 28000
⇒ Simple interest = (28000 × 15 × 3)/100 = Rs. 12600
By Quantity II:
Total saving of S = Rs. 10000 + Rs. 10000 = Rs. 20000
⇒ Compound interest = 20000 × (1 + 12/100) 2 – 20000 = Rs. 5088
∴ Quantity I > Quantity II
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Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer?
Question Description
Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer?.
Solutions for Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
Here you can find the meaning of Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the line graph carefully and answer the following questions.The line graph given below shows the income of five persons in the recent two years and the table given below shows the ratio of their income to expenditure.Note:1. Income mention in the line graph is in thousands.2. Income = Expenditure + SavingGiven below are two quantities named I and II. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answersQuantity I: What interests will P receive if P invests the saving of 2019 and 2020 together at a rate of 15% for the next three years on simple interest?Quantity II: What interests will S receive if S invests the saving of 2019 and 2020 together at a rate of 12% for the next two years on compound interest?a)Quantity I > Quantity IIb)Quantity I c)Quantity I ≥ Quantity IId)Quantity I ≤ Quantity IIe)Quantity I = Quantity IICorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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