Question
A certain sum invested in compound interest (compounded
annually) grows to 5040 in three years. If the rate of interest is 25% for the first year, 40% for the second year, and 50% for the third year, then what is the sum?Solution
Given - A= 5040, r₁=25%, r₂=40%, r₃=50% P=? So now - A=P[1+r₁/100] [1+r₂/100] [1+r₃/100] 5040=P [1+25/100] [1+40/100] [1+50/100] 5040=P [125/100] [140/100]]150/100] P = [5040×1000000]/125×140×150 =5040×80/14×15 =403200/210=40320/21 P=1920
In what year was the Hindu Marriage Act enacted?
Which amendment to the Indian Constitution added the Ninth Schedule?
Which Article of the Indian Constitution Establishes the Structure of Parliament?
If a Panchayat is dissolved, elections are to be held within –
The 61st Amendment to the Constitution of India ______.
Who is the constitutional head of the Government of India?
Which Article of the Indian Constitution deals with the establishment of the Finance Commission?
Which article of the Indian Constitution is associated with the Finance Commission?
The Constitution (101st) Amendment Act, 2016 pertains to which of the following?
According to Article 100 of the Indian Constitution, what fraction of members constitutes the quorum for meetings of either House of Parliament?
Relevant for Exams:
