Question
A person deposits ₹12,000 in a bank offering a 5%
interest rate compounded annually. After 2 years, how much interest will he have earned?Solution
Compound Interest formula: CI = P(1 + r/100)^t − P Here, P = ₹12,000, r = 5%, t = 2 years CI = 12,000(1 + 0.05)^2 − 12,000 CI = 12,000(1.1025) − 12,000 CI = 13,230 − 12,000 = ₹1,230 Correct answer: a) ₹1,230
Biting and Chewing type of mouth parts are present in:
Which of the following disease occurs due to deficiency of zinc in rice?
Extension education was first time started in which country?
What is the term for the process of converting atmospheric nitrogen gas into a form that plants can absorb?
The principal pathway of water translocation in angiosperms is
Practice of cross plowing in rice at 4-6 weeks after sowing is known as
Among the listed grass fodder crops, which one is recognized as a perennial grass variety and referred to as "Elephant grass"?
In cotton farming terminology, what does "Seed cotton" consist of?
Match List I with List II
Choose the correct answer ...
The bacteria responsible for oxidizing Fe2+ - Fe3+ (ferrous to ferric form) under acidic environment is_?
