Question
Simple interest and compound interest (compounded
annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1450 and Rs. 1624 respectively. Find the rate of interest.Solution
Simple interest for 1 year = 1450/2 = Rs. 725 Difference between compound Interest and Simple Interest for 2 years = 1624 – 1450 = Rs. 174 Desired rate = 174/725 × 100 = 24%
What was India's foreign exchange reserve as of September 27, 2024, making India the fourth country to surpass this milestone?
Which initiative is the Nikshay Mitra associated with?
Which country withdrew from the United Nations World Tourism Organization in 2022?
The headquarters of the International Labour Organization (ILO) is located at:
On which date is the "United Nations Day for South-South Cooperation" celebrated?
Regarding Inter Tropical Convergence Zone (ITCZ), consider the following statements:
1. By July, the ITCZ shifts northwards roughly parallel t...
Which one of the following is INCORRECT
Where is the headquarters of the Asia-Pacific Economic Cooperation (APEC) located?
ढोलामारू रा दूहा के रचयिता है ?
Which prominent Indian personality is associated with the book 'Memories Never Die', recently unveiled by Union Minister Amit Shah?
