Question
Among the options provided, which country was not a
founding member of OPEC (Organization of the Petroleum Exporting Countries)?Solution
OPEC was founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela).
The difference between compound interest and simple interest at the same rate for Rs. 1200 for 2 years is Rs. 48. The rate of interest per annum is:
Compound interest on a certain sum of money for 2 years is Rs.2860 while the simple interest on the same sum for the same time period is Rs.2600. Find t...
A man invested Rs. 20,000 at simple interest of 'x%' p.a. and received Rs. 40,000 after 2 years. If he had invested Rs. 25,000 at simple interest of 'x%...
Rs. 5,500 is invested in scheme ‘A’ offering simple interest of 15% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 5% p.a. What is...
A sum of money lent out at simple interest amounts to Rs.620 after 2 years and to Rs.1220 after a further period of 4 years. The sum is:
A certain sum amounts to ₹13000 after 4 years and to ₹16000 after 8 years at the same rate percent p.a. at simple interest. The simple interest (in ...
‘M’ invested Rs. 3600 for (t + 6) months, while ‘N’ invested Rs. 900 more than ‘M’ for (t - 1) months, in a business. If profit received by ...
Compound interest on a certain sum of money for 2 years is Rs.6800 while the simple interest on the same sum for the same time period is Rs.6400. Find t...
A sum of 74000 is divided into two parts such that the simple interest on the first part for 3 years at 15% per annum is equal to the simple interest on...
- A person deposits Rs. ‘x’ in savings scheme A and Rs. ‘x/2’ in scheme B. The interest rates are 7% p.a. and 6% p.a. respectively. If after 3 years ...
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