Question
A borrows ₹89,500 for 3 years at 7% p.a. simple
interest. B borrows the same amount at simple interest of 9% for the first year, 8% for the second year, and 7% for the third year. What is the total simple interest (in ₹) paid by A and B?Solution
Given: Principal = ₹89,500 Time = 3 years Interest by A (7% for 3 years): SI = (P × R × T) ÷ 100 = (89500 × 7 × 3) ÷ 100 = ₹18,795 Interest by B (different rates each year): Year 1: 89500 × 9% = ₹8055 Year 2: 89500 × 8% = ₹7160 Year 3: 89500 × 7% = ₹6265 Total SI by B = 8055 + 7160 + 6265 = ₹21,480 Total SI by A and B = 18795 + 21480 = ₹40,275
Match the following inventions with it’s Inventors.
A. Microscope 1. D.G. Fahrenheit
B. Thermo...
Which of the following forts has the Fateh Darwaza?
Name the indigenous transport aircraft that made its first flight in Bengaluru recently:
Rajesh Agarwal has been appointed as the new ambassador to
Paytm partnered with ___________ Company to enable international fund transfer directly to Paytm Wallet.
What Percentage of Aluminum is Present in Earth's Crust?
What is the authorized capital of ECGC?
Which of the following statements is correct?
A. Treasury bills provide interest coupons as mentioned at the time of issuance of the bill
...
Which gland is known as the "Master Gland"?
The ‘Luddi Dance’ is a famous dance of which state?
Relevant for Exams:
