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. 2560 and Rs. 2800 respectively. Find the rate of interest.Solution
Simple interest for 1 year = 2560/2 = Rs. 1280 Difference between compound Interest and Simple Interest for 2 years = 2800 – 2560 = Rs. 240 Desired rate = 240/1280 × 100 = 18.75%
In December 2023, which eminent agricultural economist from Kerala was conferred the distinguished title of ISAE Fellow 2023 by the Indian Society of Ag...
It is a situation in which one party gets involved in a risky situation where the party knows that it is protected through insurance and the other party...
Rabi crops are generally harvested in:
Who is the author of the book 'The Free Voice: On Democracy, Culture and the Nation'?
In which state is the Hogenakkal Falls located?
Which hormone regulates the blood sugar level in the body?
Each sentence below has one or two blanks. Fill in these blanks with the most appropriate word/ phrase from the four options that are given following ea...
When was National Judicial Commission Bill, which is a private member bill to regulate the appointment of judges through the National Judicial Commissio...
Who was the founder of Mohammadan Anglo Oriental College?
In which of the following cities is the ‘Raja Bhoj’ airport located?
