Question
A man deposited 40% of his salary to a bank which offers
compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 years is Rs. 2520, find the monthly expenditure of the man which is 52% of his monthly salary.ÂSolution
Let the amount of money deposited in the bank be Rs. ‘x’. So, x × [(1.1)2 – 1] = 2520 0.21x = 2520, x = 12000 So, monthly income of man = 12000/0.4 = Rs. 30000 Required monthly expenditure of man = 52% of 30000 = Rs. 15600
Who has become the 26th Chief Election Commissioner of India?
Which airport was ranked as the busiest airport overall in 2022, according to the rankings released by Airports Council International?
Asia is separated from Europe by ______ mountains.
Kanchan Devi was appointed as director general of Dehradun-based Indian Council of Forestry Research and Education (ICFRE) in December 2023.
Whic...
What is the intermediate level in the Panchayati Raj Institutions called?
Which law was discovered in 1660, which states that for relatively small deformations of an object, the displacement or size of the deformation is direc...
What can be the effects of ozone depletion on human health?
1. Sunburn
2. Cataract
3. Skin cancer
4. Aging of the skin<...
 Consider the following statements regarding the Babbar Akali movement during the years 1921 – 1925.
1. The movement included Guru Sikhs, ...
In India, which of the following regulatory mechanisms was NOT in existence to enforce regulation of the industrial sector?
Which of the following statements about the river Brahmaputra is INCORRECT?
Relevant for Exams:
