Question
The interest received by investing Rs. 1200 for 2 years
at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple interest of 25% p.a. Find the simple interest received.Solution
Compound Interest received = 1200 × {1 + (20/100)}2 – 1200 = 1200 × (12/10)2 – 1200 = 1728 – 1200 = Rs. 528 Simple interest received = 528 × 3 × 25 ÷ 100 = Rs. 396
More Approximation Questions
- Find the value of the expression:
15 + 10 – 6 × [20 + 8 – 2 × (50 – 35)] (? + 180 + 13 × 6) ÷ 20 + 3.5 × 512 (1/3) = 82
√10000 × √8100 - (50)² = √(?) + (80)²
5/2 of 5/6 of 12/5 of 54 % of 5250 = ?
What will come in the place of question mark (?) in the given expression?
(? ÷ 16) = (20 ÷ ?) X 20322 – 182 + 11 × 24 = ?
What will come in the place of question mark (?) in the given expression?
59.92 × 15.11 + √4224 = ? + 144.9Â
What will come in the place of question mark (?) in the given expression?
(87 + 79) X √9 - 298 = ? + √3600
5121.3 × 641.8 ÷ 80.5 = 8?
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