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Let the amount be 100 units Interest = 15% Total Interest = 45 + 30 + 15 + 0 = 90 Total Amount = 400 + 90 = 490 units 490 units = 980 1 unit = 200 Formula Method :- Formula for Annual Payment/ Annual Income / Annual Installment = (Due Debt ×100)/(100 ×t+ (r × t ×(t-1) )/2) = (980 ×100)/(100 ×4+ (15 × 4 ×(4-1) )/2) = 98000/(400+90) = 200
A invested a certain amount in Debt and Equity mutual funds in the ratio of 5: 7 respectively. At the end of one year, he earned a total dividend of 30%...
In an examination, Ankita scored 58%, Namita scored 88%, and Minakshi scored 642 marks. Ankita's marks were 522. What is the average marks scored by all...
In an election contested between two candidates, 75% of the total voters in the city participated in voting, out of which 20% of ...
A scored 20% more than B. If both score 4 marks more than the sum of the marks scored by A and B together would have been 20% more than the passing mar...
If the income & expenditure ratio of a person is 12 : 7, if the income increases by 16.66 % and saving will increase by 20%, then how much percent e...
Due to recession in the company number of employees decreased by 12.5%, but the working time of employees increased by 2 hrs, so that the production of ...
A man spends 75% of his income. His income increases by 20% and his expenditure also increases by 10%. Find the percentage increase in his savings.
In a recent survey in a city, 60% houses contained two or more persons and rest have only 1 person. Of those houses having only one person, 45% were ha...
In an office with 400 employees (comprising both men and women), preferences for either 'Tea' or 'Coffee' exist. The number of men who like 'Tea' to tho...
A man spent 20% of his income in May. If his savings is increased by 20% in June and becomes Rs. 11520, then find the income of man in May.