Get Started with ixamBee
Start learning 50% faster. Sign in now
Let the principal be P. Using the compound interest formula: A = P(1 + r/100)^t Where A is the amount, P is the principal, r is the rate of interest, and t is the time in years. Given, A = ₹12,960, r = 10%, t = 2 years. Substitute these values into the formula: 12,960 = P(1 + 10/100)^2 12,960 = P(1.1)^2 12,960 = P × 1.21 Now, solve for P: P = 12,960 / 1.21 P = ₹10,710.74 So, the principal is approximately ₹10,710. Correct Option: b
How many votes did Pakistan secure to become a non-permanent member of the UN Security Council for the term starting January 1, 2025?
Which Indian state has recently signed a MoU with the National Tiger Conservation Authority (NTCA) to establish its first Special Tiger Protection Force...
RBI has increased the limit for e-mandates for recurring payments to Rs 15,000 from___________?
What growth rate did India's defence production achieve in FY24?
According to a report by the PHD Chamber of Commerce and Industry (PHDCCI) on 'Viksit Bharat @2047', what is the projected size of the Indian economy by...
Indian Oil Corporation Limited partnered with which company to manufacture lithium-ion cells in India?
National Payments Corporation of India (NPCI) has launched some new payment features. What new payment features has it launched to promote digital inclu...
What is the monetary reward for the Subhash Chandra Bose AapdaPrabandhanPuraskar in the Institutional Category?
Indian Navy’s stealth frigate INS Tarkash, visited Djibouti as part of her long range overseas deployment followed by Maritime Partnership Exercise wi...
Which city was awarded the title of “City of Literature” at the 16th annual UNESCO Creative Cities Network (UCCN) conference in Portugal?
