Question
A sum of money becomes ₹4600 after 3 years and ₹5400
after 5 years at simple interest. What is the principal amount?Solution
Let the principal be P and the rate of interest be R% per annum. Interest for 2 years (from 3rd to 5th year) = ₹5400 − ₹4600 = ₹800. Simple interest for 2 years = ₹800. So, interest for 1 year = ₹800 / 2 = ₹400. For 3 years, the interest = 3 × ₹400 = ₹1200. Principal = ₹4600 − ₹1200 = ₹3400. Thus, the principal amount is ₹3400 . Ans. a
When inflation is going very high central bank
Which of the following is not recommended by the committee on banking sector reforms?
Who composed the patriotic song 'Vijayi Vishwa Tiranga Pyara'?
विषम पद चुनिए –
The Silk city of Bihar is _____
Who chairs the National Integration Council (NIC) in India?
India's largest brackish water lake, Chilika lake, is in the state of:
To which country is Dasht-e-Margo, also known as the 'Desert of Death,' related?
In which of the following state Murlen National park is located?
The National Development Council was set up in:
