Question
A certain sum becomes Rs 13650 at 15% p.a. simple
interest after 2 years. What will be the amount (in RS) of the same sum after 1 year at the same rate of interest, if the interest is compounded half yearly? (nearest to a Rs)Solution
Let the Principal be Rs. x S.I = Rs. (13650 – x) According to the question, ⇒ (x × 15 × 2)/100 = 13650 – x ⇒ 3x/10 = 13650 – x ⇒ 3x = 136500 – 10x ⇒ 13x = 136500 ⇒ x = 10500 Now, if rate of interest is compounded half yearly, the interest becomes half and time becomes twice. So, Rate of interest = 15% ÷ 2 = 7.5% Time period = 1 × 2 = 2 years Now, amount after 1 year = Rs. 10500 × (107.5/100) ⇒ Rs. 12134.0625 ≈ Rs. 12134 ∴ Amount becomes Rs. 12134 after 1 year if compounded half yearly.
Actual evapotranspiration equals maximum evaporation (ETO) when
A. Soil mixture not constraint
B. Other factors not constraint
<...Based on the design, there are commonly four types of share. Which of the following is NOT among the four?
Food grain markets are the example of ________.
The study of soil from the stand point of higher plants is known as……………………….
Which thoracic segment of a cockroach gives rise to the first pair of wings, known as tegmina?
The medium range weather forecasting is valid for
Given below are two statements:
Statement I
A heat unit is the departure from the mean daily temperature below the maximum temperature...
Most common Alien weeds areÂ
Which adult animal’s meat is referred to as Mutton?
What type of proteins are composed of only amino acid residues and yield constituent amino acids upon hydrolysis?
Relevant for Exams:
