Rs. A is invested in a scheme at a rate of 20% p.a. compounded annually. Interest earned after 2 years is Rs.528.
Quantity I: Value of ‘K’: If Rs. 4A is invested in a scheme which offers K% p.a. and compound interest received at the end of 2 years will be Rs.1548.
Quantity II: Find the value of ‘S’: If Rs. (A + 1300) is invested at a rate of S% in a scheme, compound interest is Rs.1725 at the end of 2 years.
(1) K > S (2) S > K (3) S ≤ K (4) S ≥ K (5) K = S