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 of interest will the simple interest on a sum of money be 30% of it after 4 years?Quantity B: At what rate of simple interest will a sum of money amount to 1.5 times of it after 8 years?

In the following question, two statements are numbered as A and B. On

1.	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 of interest will the simple interest on a sum of money be 30% of it after 4 years?Quantity B: At what rate of simple interest will a sum of money amount to 1.5 times of it after 8 years?
A.	Quantity A > Quantity B
B.	Quantity A < Quantity B
C.	Quantity A ≥ Quantity B
D.	Quantity A ≤ Quantity B
E.	Quantity A = Quantity B
Answer» B. Quantity A < Quantity B

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