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. 1100 and Rs. 1144 respectively. Find the rate of interest.Solution
Simple interest for 1 year = 1100/2 = Rs. 550 Difference between compound Interest and Simple Interest for 2 years = 1144 – 1100 = Rs. 44 Desired rate = 44/550 × 100 = 8%
The Montague-Chelmsford Reforms were passed in which year?Â
Which of the following is the minimum age to become member of Lok Sabha?
Consider the following statements:
1. The Constitution of India only mentions the office of the Chief Election Commissioner (CEC) and not the Ele...
NITI Ayog stands for?
With reference to the acquisition of Citizenship under the Citizenship Act of 1955, consider the following statements:
1. The children of foreign...
Where was the Vietnam-India Bilateral Army Exercise (VINBAX) 2024 conducted?
44th amendment of the Indian constitution deleted which one of the following?
The Bhuria Commission was established for the welfare of which community?Â
What is the rank of India in the 2024 Global Hunger Index (GHI)?
The Sabarimala Verdict (2018) ruled on which issue?
Relevant for Exams:
