Question
Find the difference between the compound interest earned on
Rs. 12,000 for 2 years at 10% p.a., compounded annually, and the simple interest earned on Rs. 9,000 for 4 years at 13% p.a.Solution
ATQ,
Compound interest received = 12000 × {1 + (10/100)}² − 12000
= 12000 × 1.10² − 12000
= 12000 × 1.21 − 12000
= Rs. 14,520 − 12,000 = Rs. 2,520
Simple interest received = 9000 × 4 × 13 ÷ 100= 9000 × 0.52 = Rs. 4,680
So, required difference = 4680 − 2520 = Rs. 2,160
Which Indian State remained an Associate State for a short period before it was recognised as a full-fledged State of the Union?
Consider the following statements:
1. The office of the Attorney General is created by the Constitution of India.
2. The Attorney General ...
Consider the following statements regarding Article 13 of the Indian Constitution:
1. The power of judicial review of the Supreme Court and High ...
Which type of city administration controls transitional areas (from rural to urban)
Consider the following statements in the context of NITI Aayog:
1. It is an extra-constitutional body.
2. It provides both directional and...
Article __ of the Indian Constitution ensures Abolition of Untouchability.
Which of the following Article is known as ‘The very soul of the Constitution’ by Dr.B.R.Ambedkar?
Which of the following cases may be considered as a violation of Fundamental Rights guaranteed under Article 19?
1. Prohibiting women from openin...
Consider the following statements regarding prerogative writs:
1. Writs can be issued against private and public authorities.
2. High Cour...
Which Article of the Indian Constitution prohibits discrimination on grounds of religion, race, caste, sex, or place of birth?
Relevant for Exams:
