Quantity I : Find the amount on compound interest on a sum of Rs.55000 at the rate of 15% per annum after three years. Quantity II : Find the simple interest on a sum of Rs.60000 at the rate 25% per annum after 5.5 years.

Quantity I = Quantity II or relation can't be established

Quantity I : Find the amount on compound interest on a sum of Rs.55000

1.	Quantity I : Find the amount on compound interest on a sum of Rs.55000 at the rate of 15% per annum after three years. Quantity II : Find the simple interest on a sum of Rs.60000 at the rate 25% per annum after 5.5 years.
A.	Quantity : I > Quantity : II
B.	Quantity : I ≥ Quantity : II
C.	Quantity : I < Quantity : II
D.	Quantity : II ≥ Quantity : I
E.	Quantity I = Quantity II or relation can't be established
Answer» B. Quantity : I ≥ Quantity : II

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