In the given questions, two quantities are provided, Quantity I and Quantity II. Compare the two quantities and select the correct option. Quantity I:...
Question
In the given questions, two quantities are provided, Quantity I and Quantity II. Compare the two quantities and select the correct option.
Quantity I: Rs. 1800 is invested such that Rs. P is invested at 10% per annum simple interest, and the remaining Rs. (1800 – P) is invested at 20% per annum compound interest. The difference between the total simple interest and total compound interest after 2 years is Rs. 80, with compound interest being greater than simple interest. Find the value of P.
Quantity II: The marked price of a product is 25% more than its selling price, and the profit earned on selling the product is also 25%. The difference between the profit and the difference between the cost price and the marked price is Rs. 200. Find the cost price of the product.
Choose the correct relationship: