Bissoy.com
Doctors Medicines MCQs Q&A

Given below are two quantities named 1 and 2. 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 1: The amount of each instalment that Neeta paid. Rs. 4000 is borrowed by Neeta at 5% per annum compounded interest and paid back in 3 equal annual instalments. Quantity 2: Total profit generated at the end of the year. Rakesh got Rs. 6000 as his share out of the total profit, he and Abhimanyu earned at the end of one year. Rakesh invested Rs. 20000 for 6 months, whereas Abhimanyu invested Rs. 5000 for the whole year.

Given below are two quantities named 1 and 2. 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 1: The amount of each instalment that Neeta paid. Rs. 4000 is borrowed by Neeta at 5% per annum compounded interest and paid back in 3 equal annual instalments. Quantity 2: Total profit generated at the end of the year. Rakesh got Rs. 6000 as his share out of the total profit, he and Abhimanyu earned at the end of one year. Rakesh invested Rs. 20000 for 6 months, whereas Abhimanyu invested Rs. 5000 for the whole year. Correct Answer Quantity 1 < Quantity 2

Quantity 1:

Rate of interest = 5% 

∴ Each instalment = 4000/ 

= 4000 × 9261/25220 = Rs. 1468.83

Quantity 2:

Amount invested by Abhimanyu = Rs. 5000

Rakesh = 20000 × 6 

Abhimanyu = 12 × 5000 

Ratio of their earnings, Rakesh : Abhimanyu = 120 : 60 = 2 : 1
∵ 2 ⇒ 6000

∴ Total profit is 3/2 × 6000 = Rs. 9000

∴ Quantity 1 < Quantity 2

Related Questions

Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relation among the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. The options represent the relations among three quantities. A. < B. > C. ≤ D. ≥ E. = Quantity 1: Sumit invested Rs. X for 2 years at the rate of R% per annum simple interest. The interest obtained is Rs. 450 less than the interest obtained when the same sum is invested for 2 years at the rate of (R + 9)% per annum simple interest. Find the value of X. Quantity 2: Ankit invested Rs. Y for 2 years at the rate of 10% per annum compounded annually. The interest obtained is 795 less than the compound interest received by him when he invested a sum of Rs. 3000 for 2 years at the rate of 20% per annum compounded annually. Find the value of Y. Quantity 3: Difference of CI and SI obtained on a sum of Rs. Z when invested for 2 years at 10% per annum is Rs. 20. Find the value of Z. 
Given below are two quantities named 1 and 2. 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 1: Amount invested by Samuel. Samuel gets Rs. 6750 out of total profit of Rs. 9000 And he invested Rs. 10000 more amount than his partner for 8 months and his partner Jack invested his amount for whole the year. Quantity 2: Share of Q, if the total profit at the end of the year is Rs. 86400. P, Q and R started a business with a total investment of Rs. 72,0000. P invested Rs. 60,000 more than Q and Q invested Rs. 30,000 less than R.
Given below are two quantities named A & B. Based on the given information; you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose between the possible answers. Quantity A: Rs. 5000 becomes Rs. 6200 in 4 years at a certain simple rate of interest. If the rate of interest doubled, what amount will Rs. 5000 become in 3 years? Quantity B: Deepesh invests two equal amounts in two different schemes at 8% and 12% per annum rate of interest. At the end of the year, interest earned is Rs. 2200. The invested amount in each part in Rs is.
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relationship between the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. Quantity 1: An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes. Quantity 2: A sum of Rs. 725 is lent at the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest? Quantity 3: The difference between the compound interest and the simple interest on an amount of 15000 for 2 years is Rs. 96. What is the rate of interest per annum?
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: Some amount is invested in a company. After 3 years it became 71874 at 10% compound interest. Find the original amount that was invested? Quantity B: A man invested Rs. 48000 at 20% per annum for 9 months when interest is compounded quarterly, Calculate the final amount he gets?
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 answer. Quantity A: What will be the compound interest on Rs. 16000 for 9 months at 20% p.a. compounded quarterly. Quantity B: A man borrows Rs. 4000 at 20% compound rate of interest. At the end of each year he pays back Rs. 1500. What amount should he pay at the end of the third year to clear all his dues?
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 knowledge of Mathematics to choose between the possible answers. A and B started a business in a partnership firm in the year 2017 and decided to share profits in capital ratio. In the year 2017, they share profits equally. Quantity A∶ Number of months after which A made his 3rd investment if A invests Rs. 1000 at the beginning, Rs. 1500 after 3 months and after some time, he invests Rs. 2000, after 8 months, he invests Rs. 2500 Quantity B∶ Number of months after which B made his 3rd investment if B invests Rs. 1500 at beginning of every quarter and finally he invests Rs. 500 after 11 months
Given below are two quantities named I and II. 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 among the possible answers Quantity I: Find the difference between C.I and S.I for 1 year on principal amount Rs.20000. If the rate of interest is 10 percent and interest calculated according to half-yearly? Quantity II: Harshit is invested 750 for 3 years both compound interest and simple interest at the same rate of interest which is 20 percent then find the difference between C.I and S.I?
Given below are two quantities named A and B. Based on the given information, you have to determine the relationship between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answers. Quantity A: A man borrowed Rs. 80000 for 8% per annum simple interest for 3 years. He paid Rs. 30000 as his first annual installment and Rs. 40000 as his second annual installment. What is his final installment? Quantity B: Rs. 21050
Given below are two quantities named A & 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: Four herdsmen rented a pasture. A's 9 cows grazed on the pasture for 8 months; B's 10 cows for 5 months; C's 14 cows for 10 months and D's 7 cows for 9 months. If A's share in rent was Rs. 720, the total rent (in Rs.) of the pasture was? Quantity B: A alone can paint a building in 15 days and B can do the same work in 20 days. Both were jointly hired to do the work for Rs. 6000. After 3 days B left and C joined who performed 1/3 of the remaining work. Calculate the wage of A.