Question
₹4,300 becomes ₹4,644 in 2 years at simple interest.
Find the principle amount that will become ₹10,104 in 5 years at the same rate of interest.Solution
Interest = 4644 - 4300 = 344 p = 4300 T = 2 years Simple interest = P × R × T / 100 344 = 4300 × R × 2 / 100 r = 4% Let the principle amount be x. So, interest = 10104 – x T = 5 years r = 4% Simple interest = P × R × T / 100 10104 – x = x × 4 × 5 / 100 10104 × 5 – 5x = x 6x = 50520 X = 8420 The principle amount is Rs. 8420.
Any numbered relationship has how many participating entities?
Predict the correct output
What is the purpose of virtual memory?
Which boolean operator represents logical AND?
In Stop-and-Wait flow control, what happens if the sender does not receive an acknowledgment for a transmitted frame?
Which error correction technique is capable of correcting single-bit errors and detecting two-bit errors?
What is the purpose of a weak entity in the ER model?
What is the purpose of the Program Counter (PC) in CPU control design?
What is the time complexity of a dynamic programming solution for a problem with "n" subproblems and each subproblem taking "O(1)" time to solve?
What happens to the memory allocated to a local variable when the function exits?
Relevant for Exams:
