Question
Anchal allocates 20% of his monthly salary to
transportation, dedicates 50% to shopping, and invests 20% of the remaining balance in food expenses. The remaining amount is saved in mutual funds, yielding a simple interest at a rate of 10% per annum. Determine the total amount Anchal will possess at the end of the year, given that he spends Rs. 1200 per month on food.Solution
ATQ, Let, monthly Salary = Rs. 100a Spending on Transportation = 100a × 0.2 = Rs. 20a Spending on Shopping = 100a × 0.5 = Rs. 50a Spending on Food = (100a – 20a – 50a) × 0.2 = Rs. 6a Savings in Mutual funds = 100a – 50a – 20a – 6a = Rs. 24x Now, 6a = 1200 Or, 24a = 4800 Total interest paid by recurring scheme = P. r. n (n + 1)/(2 × 12 × 100) = 4800 × 12 × (12 + 1) × 10/(2 × 12 × 100) = Rs. 3120 Amount = 4800 × 12 + 3120 = Rs 60720
In which year was the “Krishi Vigyan Kendra” (KVK) programme launched by ICAR?
The oldest crop improvement method is:
Salinization in agricultural soils is primarily caused by:
Molya disease of wheat is caused by ________:
The practice of forestry in areas devoid of tree growth and other vegetation with the objective of increasing the area under tree growth………..
...'Indian farming' magazine is a publication of-
As per the latest Agricultural Statistics data how much is the Net Sown Area of India?
Which of the following is the main combustile constituent of biogas?
Most of apple varieties have the chilling requirement of
Name the GHG released from volcanic eruptions, animal respiration, human activities etc.Â