Comprehension Passage

Each question below contains a statement followed by Quantity I and II. Study the questions carefully and derive the relation between quantities.

Quantity - I) If in 3 years the simple interest the principal increased by 30% then find the compound interest for the 3rd year on the sum of Rs. 25,000 for a term of 3 years at the same rate ?

Quantity – II) If in 2 years the simple interest increased by 10% then find the compound interest on the sum of Rs. 20,000 for a term of 2 years at the same rate ?

1
Quantity - I > Quantity - II
2
Quantity - I < Quantity - II
3
Quantity - I ≥ Quantity - II
4
Quantity - I ≤ Quantity - II
5
Quantity - I = Quantity - II or No relation can be established

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