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Mean of uniform distribution = (Lowest point of interval + highest point of interval)/2. Hence the answer is 0.5.
Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
Dinesh invested Rs. (P-500) at the rate of 27% per annum on simple interest and at the end of three years, he got Rs. 4860 as an interest. Pankaj invest...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2100 after 3 years. If the same amount is investe...
Akshay invested Rs. 2240 in two schemes P and Q in the respective ratio of 9:7. Scheme P and Q are offering simple interest at the rate of 10% per annum...
The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 25. ...
Amit invested ₹8000 into a SIP that earns simple interest at 12% annually for 3 years. Pawan deposited an unknown amount in a S...
A and B started a business with initial investments of Rs. 26000 and Rs. 27000 respectively. After one year, a profit of Rs. 10600 is earned. A being a ...
What is the compounded amount on a sum of 25,000 after three years at a rate of 12 percent per annum interest compounded yearly?
'P' invests a certain amount at an annual compound interest rate of 15% for two years, earning Rs. 3870 in interest. He then reinvests the total sum she...
