Question
A sum of money invested at simple interest amounts to
Rs. 16800 in 2 years and to Rs. 23100 in 9 years. What is the rate of simple interest per annum?Solution
A sum of money invested at simple interest amounts to Rs. 16800 in 2 years and to Rs. 23100 in 9 years. What is the rate of simple interest per annum? ∴ Interst paid in 7 years = 23100 − 16800 = Rs. 6300 Annual Interest = 6300/7 = Rs.900 Sum lent at the begining = 16800 − 900 × 2 = Rs. 15000 Rate of simple Interest = (900/15000) × 100 = 6%
Mai Bhi Digital Campiagn is being run for ______?
Recently, scientists have discovered over 300 new ‘Nazca Lines’ in which country?
Recently first phase of Chabahar port was inaugurated in the presence of External Affair Minister Ms Sushma Swaraj. Chabahar is located in
...When did the Battle of Haldighati took place?
Which of the following committee was formed to assess the functioning of the Indian Monetary System (1985)?
To scale Mount Everest, mountaineers need to go to?
Under which ministry does the EPFO operate?
Which international treaty is aimed at protecting endangered species from the dangers of international trade?
In which year was Keoladeo National Park declared a UNESCO World Heritage Site?
Recently Indian navy decommissioned two of its warships. One is INS Nirbhik, another is: