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In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option.Quantity A: A sum of money becomes (5/4) of itself in one year at a certain rate of simple interest. Find the rate of interest per annum.Quantity B: 25%1. Quantity A ≥ Quantity B2. Quantity A ≤ Quantity B3. Quantity A < Quantity B4. Quantity A > Quantity B5. Quantity A = Quantity B or No relation |
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Answer» Correct Answer - Option 5 : Quantity A = Quantity B or No relation Quantity A: R = (Interest × 100)/(Principal × Time) Let the principal be Rs. 100 Amount = ( 5/4) of Principal ∴ Amount = Rs. 125 Simple interest = Amount – Principal = Rs. 125 – Rs. 100 = Rs. 25 Rate = (25 × 100)/(100 × 1) = 25% Quantity B: 25% ∴ Quantity A = Quantity B |
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