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ATQ, Let the average salary of the employee in 34 years be ‘x’ So according to the question: 34x + 58000 = 35 × (x + 2000) 34x + 58000 = 35x + 70000 x = 58000 - 70000 x = 12000 So, the average salary of the employee after 35 years = 12000 + 2000 = Rs.14000
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 af...
Rs. 2400 is deposited into scheme 'A' offering a simple interest rate of 25% per annum over a period of 8 years. Simultaneously, Rs. 2500 is placed in s...
An amount of Rs. (y-2800) was invested on simple interest at the rate of (R+1)% per annum for 6 years. An another amount of Rs. (y+3200) was invested on...
A sum of Rs. 3800 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
Calculate the principal amount 'x' for which the simple interest accrued over 5 years at an annual rate of 24% is equivalent to the compound interest ea...
Simran Funded Rs. 70,000 in two different SIP's. She funded the smaller amount at CI of 20% p.a. compounded annually, and larger amount at SI of 16.5% f...
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
A certain amount, when invested at a simple interest rate of 18.2% per annum, grows to Rs. 14,552 in 4.5 years. What is the initi...
What will be the compound interest earned after 2 years on a deposit of Rs. 14,000 at an annual interest rate of 30%, compounded annually?
Simple interest earned on an amount of Rs.1400 at rate of R% per annum after 3 years is Rs.210. Find the simple interest earned on an amount of Rs.1600 ...
