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
A person who advocates separation of the state from religious institutions is called a
In 1976, in which Part of the Indian Constitution under Article 51A were Fundamental Duties added?
Where is the first a private agricultural mandi (market) was setup in India?
Green Climate Fund’s thirty-fourth meeting of the Board will take place from Monday, 24 October to Thursday, 27 October 2022, its headquarters is in _...
Which of the following cities has been included in the top ten cities in the Sustainable Development Goals (SDG) Urban Index and Dashboard 2021-22 by NI...
In which of the following Stadiums does the Madhya Pradesh Cricket team play the majority of their home games in Ranji Trophy?
The intricate Kasuti embroidery, honoured with a Geographical Indication (GI) tag and known for reflecting the traditions and customs of women through d...
Following Rome's withdrawal, which city has been selected to host the 2027 World Athletics Championships?
Heron drones, inducted by Indian forces for enhancing their surveillance capability, are acquired from
Acid rain results when ____ is emitted into the environment.
Relevant for Exams:
