Question
The difference between compound interest and simple
interest at the same rate for Rs. 3600 for 2 years is Rs. 36. The rate of interest per annum is:Solution
When difference is given between SI and CI for 2 years, then the formula is: CI – SI = P (R/100)2 According to the question, => 36 = 3600 (R/100)2 => R2 = (36 × 10000)/3600 => R = 10%
What was the primary effect of Deccan Volcanism on the fauna according to recent research?
How many registered pension funds were there under the Pension Fund Regulatory and Development Authority (PFRDA) at the time of the latest reforms?
What was India’s import volume of sunflower oil from Russia in 2024?
What does the greenshoe option refer to in an IPO underwriting agreement?
What is the COâ‚‚ Â emission threshold defined for "green steel" by India?
- C-DOT and STL achieved India’s first Quantum Key Distribution over how many kilometers using Multi-Core Fibre?
How many blackbucks were initially translocated to Barnawapara Wildlife Sanctuary in Chhattisgarh for reintroduction?
- Which literary personality will deliver the Samvatsar Lecture at the Festival of Letters 2025?
What is the range of the Nag Mk-2 anti-tank guided missile successfully tested by DRDO?
Which country became the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)?
Relevant for Exams:
