In 2015, the difference between compound interest and simple interest for the given time is Rs 20. If the sum is invested for 3 years, what will be the compound interest after 3 years?
SI for 1 year = Rs 400, S.I for 2 years = 2 × 4 00 = Rs 800 Using formula for 2 years, Rate = 2 × (CI - SI)/SI × 100 Rate = (2 × 20/800) × 100 = 5% Now, PR2/1002= CI - SI P × 5 2/ 100 2= 20 Principal = Rs 8,000 So amount after 3 years = 8000 [1 + 5/100]3= Rs 9261 C.I = 9261 - 8000 = Rs 1261
A society in which there was garbage collection problem. But there was voluntary problem of payment so some people would participate and some wouldn’t...
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
Which of the following is a limitation of the Command and Control approach in environmental economics?
According to John Maynard Keynes, which one of the following statements is correct for a closed economy operating at less than full employment level of ...
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2...
The arithmetic mean of the two regression coefficients is greater than or equal to:
The last period’s forecast was 70 and demand was 60. What is the simple exponential smoothing forecast with alpha of 0.4 for the next period...
Which of the following is NOT one of the four priorities on which the budget proposal of 2022-23 rests?