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
More ESIC Part B Questions
Determine the simplified value of the expression: 12 × 15 - 20 + 15 + 12 - 18 + 3 × 4 + 18.
(-251 × 21 × -12) ÷ ? = 158.13
Simplify: (23×32) ÷6
(106 + 14)/15 = ?/5
If (3 × 144 – 252 ÷ 14) ÷ 18 = √1024 – x, then find the value of ‘x’.
What will come in the place of question mark (?) in the given expression?
?% of 2480 + 15 × 34 = 1440
√144 × √121 + 25% of 600 = ? + 256
Find the simplified value of the given expression.
(1/4) of {64Â - 28 x 15 + 13 x 16 - 12.5 of 122}
2945 – 1508 + 3454 = ? + 2255
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