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The sentence is correct in all the aspects, hence, option 5 is the correct answer.
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1630.5 and simple interest of Rs.1500 at the end of 2 ye...
What principal amount, when invested at an annual simple interest rate of 3.6% for 15 years, will generate an interest of Rs. 4,050?
Divide Rs 2,760 in to two parts such that when these are invested for 2 and 4 years, respectively, at the rate of 5% per annum simple interest, the amou...
If Rs. 4000 becomes Rs. 5760 in 2 years at compound interest (compounded annually), then what is the annual rate of interest?
A sum doubles in seven years at simple interest. In how many years will the sum become five times the original sum?
John invested Rs. (P-4000) and Rs. (P+5000) in scheme A and scheme B respectively. The rate of interest in scheme A and B is (R+1)% and (R-1)% respectiv...
Nikhil invested two amounts, Rs. '2N' and Rs. '3N', at simple and compound interest rates respectively. The first amount, Rs. '2N', was invested at a si...
Arman Funded an amount at the rate of 6 % for a period of 2 years at C.I. while calculating, the rate of interest was interchanged with the time period ...
A certain sum at certain rate % per annum simple interest becomes Rs 6300 in 2 years and Rs 6750 in 5 years. The principal and rate of interest are - ...
Aman invested 20% of an amount, denoted as Rs. 'P', in a compound interest scheme with an annual interest rate of 10%, compounded annually. After 2 year...