insurence exam NIACL Assistant (Pre + Mains) Mock Test 2024 (New) Quantitative Aptitude Data Sufficiency
Direction: Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose between the possible answers.
Quantity A: What sum of money at CI will amount to Rs. 2893.80 in 3 years, if the rate of interest is 4% for the first years, 5% for the second year and 6% for the third year?
Quantity B: CI on a sum of money for 2 years at 5% per annum is Rs. 2173. SI on the same sum of money at the same rate of interest for 2 years will be -1
Quantity A > Quantity B
2
Quantity A < Quantity B
3
Quantity A ≥ Quantity B
4
Quantity A ≤ Quantity B
5
Quantity A = Quantity B or No relation