Question
If Rs. 12000 is invested at a simple interest at the
rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as interest on Rs. 20,000 in the same number of years, what should be the rate of simple interest? ÂSolution
S.I = (P Ă—R Ă—T)/100 4800 = (12000 Ă— Â 5 Ă— T)/100 T =4800/600 T = 8 years Similarly, 6400 = (20000 Ă— 8 Ă— R )/100 R = 6400/1600 R = 4% per annumÂ
The Passport Index has published its latest update, revealing that India's Mobility Scores has fallen & has India experienced the largest global drop ...
How much DAP fertilizer will India import from Saudi Arabia for the year 2025–26?Â
Which state tableau won one of the top three positions in the “Best Tableaux – States/Union Territories” category at the Republic Day Parade 2026?...
The Kimberley Process Certification Scheme (KPCS) was launched in:
Who is appointed as next IMF’s Chief Economist to succeed Gita Gopinath?
The Global Teacher Prize was started in which year?
The entire acquisition process under RBI’s acquisition financing guidelines must be completed within how many months of the acquisition agreement?
In which city the World Bank has launched its first 'Road Safety Project' in South Asia?
What is the estimated nominal GDP growth for India for FY 2025–26 as per the latest SBI report?
Which bank raised the highest amount via infrastructure bonds in FY25?
Relevant for Exams:
