Question
In 2014, if rate of interest is increased by 3%, what
will be the amount received after given time?Solution
First, rate of interest, 12500 × r × 1/100 = 875 rate = 7% Now, new rate of interest = 7 + 3 = 10% So, Interest = 12500 × 10 × 8/100 = Rs 10,000 So amount = 12500 + 10000 = Rs 2,2500
In 2016, the interest was semi-annually, the interest would have been Rs 1030.402 for given time. Find the interest when compounded annually.
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In 2013, the amount becomes Rs 28,700 after 8 years, find the rate of interest.
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If the average number of Teachers who attended the workshop in all the given years is 57 and the number of Teachers who attended the workshop in 2014 i...
√323.89 × (3.20) ÷ 9.02 = ?