Question
Rs. R is invested in a scheme offering 200/4% p.a. for 2
years. The total amount received is Rs. 36,300. If Rs. (R + 2,700) is invested in another scheme offering 18% p.a. for 2 years under simple interest, find the total interest earned.Solution
R × (200/400) × 2 = 36300 – R Or, (R/2) + R = 36300 Or, (3R/2) = 36300 Or, R = 36300 × (2/3) So, R = 24,200 Required interest = (R + 2700) × (18/100) × 2 = (24200 + 2700) × (18/100) × 2 = 26,900 × (9/25) = Rs. 9,684 Correct Option: e) Rs. 9,684
What is the name of the forest conservation scheme launched by Himachal Pradesh to involve local communities and private entities?
- Which Indian Minister will inaugurate the 14th Asian Fisheries and Aquaculture Forum (14AFAF)?
How many personnel participated in the Joint National Mountaineering Team’s successful Everest ascent in 2025?
In a historic moment, Narendra Modi unveiled the inaugural automobile in-plant railway siding at which company's subsidiary?
SEBI has approved the launch of the beta version of T+0 settlement on an optional basis. What does T+0 settlement signify?
Under the new CPI series, the inflation rate in June was 1.42% for agricultural labourers and ______ for rural labourers.
How much financial outlay has been proposed for the Uttar Poorva Transformative Industrialization Scheme?
When was NTPC Ltd founded?
Which notable Indian cricketer became the fourth Indian batter to reach 9,000 Test runs?
The Atal Bhujal Yojana (ABY), extended until 2028, primarily focuses on what?
