Question
A certain sum of money invested at R% p.a. fetches a
compound interest (compounded annually) of 1560 and simple interest of Rs.1500 at the end of 2 years. Find the value of ‘R’.Solution
Difference between compound interest and simple interest for 2 years = 1560 – 1500 = Rs.60 Simple interest for 1 year = 1500/2 = Rs.750 So, R = (60/750) × 100 = 8%
- Cup is to coffee as a bowl is to 
- Which government scheme offers financial support to startups with innovation-driven ideas? 
- Which branch of the government is responsible for implementing laws and policies? 
- RBI has changed its accounting year from June - July to _______? 
- Which of the following strait separated Sri Lanka from India? 
- Which of the following best describes a 'kernel' in an operating system? 
- Which Article of the Constitution of India lays down that an Indian citizen has the right to use any restaurant, road or public place? 
- The Non-Cooperation Movement was launched in the year. 
- Match the following - 
- The first southern campaign of Alauddin Khilji in 1307-08 AD was led to which of the following regions?