Question
A certain sum of money invested at R% p.a. simple
interest amounts to Rs. 17760 after 4 years and Rs. 22080 after 7 years. If the same sum of money is invested at (R + 3)% p.a. compound interest compounded annually, then the interest received at the end of 2 years will be:Solution
Simple interest earned in 3 years = 22080 – 17760 = Rs. 4320 Simple interest for 1 year = 4320/3 = Rs. 1440 Initial sum of money = 17760 – 1440 × 4 = Rs. 12000 So, R = 1440/12000 × 100 = 15% So, R + 3=> 15 Desired interest = [(1.15)2 – 1] × 12000 = Rs. 3870
Where did Lord Wellesley establish Fort William Collage 1800 AD?
The Carnatic music of India belongs to which state of the country?
Which of the following is the largest Ramsar site in India?
The Vidhan Sabha can ask the President to create or dissolve the Vidhan Parishad if it has majority of _____.
In which language is ‘Eklingamahatmya’ written ?
As per ______, the President shall address both Houses of Parliament assembled together on the commencement of the first parliament session of each year.
Heat received by earth from the Sun is known as
MALDA gap separates?
Which of the following material cannot be used to make a lens?
What is the name of the Earth's outermost solid layer?