Question
In this problem, you are provided with two quantities,
Quantity A and Quantity B.Evaluate both quantities and establish the correct relationship between them. Quantity A: Lisa invested 40% of her savings of Rs. 10,000 at a simple interest rate of 12% per year and the remainder at a simple interest rate of 18% per year. Calculate the total interest she earned after 3 years. Quantity B: Determine the interest accrued when David invests Rs. 3,600 at a simple interest rate of 15% per year for 104 months. Now, you should compare Quantity A and Quantity B to determine their relationship.Solution
ATQ, Quantity I: Required interest earned = (0.40 × 10000 × 0.12 × 3) + (0.60 × 10000 × 0.18 × 3) = Rs. 4,680 So, Quantity I = Rs. 4,680 Quantity II: Required simple interest = 3600 × 0.15 × (104/12) = Rs. 4,680 So, Quantity II = Rs. 4,680 Therefore, Quantity-I = Quantity-II or No relation
The Buddha got enlightenment under which of the following tree?
The decimal equivalent of (1101)2 is:
Which of the following dance forms traces its lineage to the ancient dance of Sadir Attam?
Which of the following teams won the Indian Super League 2020-21?
Who was appointed as India’s 28th Controller General of Accounts (CGA) in March 2023?
Which of the following countries accorded equivalence to central counterparties authorised by the Reserve Bank of India (RBI), in June 2023?
The maiden international cruise vessel between Chennai and Sri Lanka was flagged off by the Union Minister of Ports, Shipping and Waterways Sarbananda ...
Rivers such as the Ganga and Son flowed through ______, a mahajanapada in ancient India.
Which organisms are classified as Aves?
Which of the following varna was NOT entitled to the ritual of ‘Upanayana Samskara’ in later Vedic period?
