In the following question, two statements are numbered as A and B. On solving these statements we get quantities A and B respectively. Solve for the both quantities and choose the correct option.
Quantity A: At what rate percent per annum will the simple interest on a sum of Rs. 50000 after 4 years is Rs. 16000?
Quantity B: At what rate percent per annum will the interest compounded annually on a sum after 2 years is 10.25% of the sum?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