Question
A person 'P' invested Rs. 7,400 in a SIP at an annual
simple interest rate of 14%. If the total interest earned by him amounts to Rs. 6,216, determine the number of years for which the investment was made.Solution
ATQ,
Let the duration for which the money was invested be ‘y’ years. Or, 6216 = {(7400 × 14 × y)/100} So, y = (6216/1036) = 6 Therefore, the money was invested for 6 years.Â
What is the principle of indemnity in insurance?Â
Who of the following are included in the committee to recommend the Central vigilance Commissioner
1. Prime minister
2. Union Ministe...
Umesh is standing facing the south-west direction. He then takes a 90° clockwise turn. After that, he takes a 135° clockwise turn. He finally takes a ...
Which one of the following statements is not correct?
Which theory argues that population growth can lead to increased technological innovation and resource abundance?
Which of the following are incorrect regarding PM shram Yogi Maan-Dhan Yojana?
        I.           It is a Involuntary pens...
Consider the following statements:
1. Dadra and Nagar Haveli which merged with the Indian Union in 1961 were ruled by the Portuguese.
2....
What is the objective of the Urban Climate Film Festival being organised by the National Institute of Urban Affairs?
I . To showcase urban infras...
5 positive numbers are written on a piece of paper. Sum of first 3 numbers is 40 and ratio of the 4th and the 5th number is 2:3. If difference between t...
Which of the following was the guest nation at the Hyderabad Literary Festival 2022?
Relevant for Exams:
