Question
Vishal has certain sum of money with him. He invested
80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 3360 as interest. He then invested the amount received from scheme ‘X’ in scheme ‘Y’ for 2 years at 50% p.a., compound interest compounded annually. Find the amount received by Vishal from scheme B.Solution
Let, Vishal invested Rs. x in scheme ‘X’ According to the question, {(x × 15 × 8)/100} = 3360 Or, x = 3360/1.2 Or, x = 2800 Total sum Vishal had = 2800/0.8 = Rs. 3500 Amount received from scheme ‘X’ = 2800 + 3360 = Rs. 6160 Amount received from scheme ‘Y’ = 6160(1 + 50/100)2 = Rs. 13860
Disbudding is commonly practiced for obtained better bloom in
Proctolin is secreted by which glands in insects?
The government of India declares Minimum Support Prices (MSP) for key crops at which stage of the cropping cycle?
Clonal selection is type of selection used for:
Which tree, recognized for its lilac-colored or pale pink flowers, is often used for moderate-sized plantations due to its shiny dark green le...
The process of development of seed from anther is called:
Lime dressing raises the top 150 mm of soil of pH
Chitala chitala is state fish of __
What category does Arabica belong to?
Bhadawari buffalo is identified by which one body colour?
Relevant for Exams:
