Directions: In the following question, two statements are numbered as Quantity I and Quantity II. On solving these statements, we get quantities I and II respectively. Solve both quantities and choose the correct option.
Quantity I: Find the amount on compound interest on a sum of Rs.625000 at the rate of 25% per annum after three years.
Quantity II: Find the simple interest on a sum of Rs.10000 at the rate 15% per annum after 5 years.
1. Quantity 1 > Quantity 2
2. Quantity 1 ≥ Quantity 2
3. Quantity 1 < Quantity 2
4. Quantity 1 ≤ Quantity 2
5. Quantity 1 = Quantity 2