As we know in simple interest the interest is always constant if the rate and sum are same So, Interest for 4 years = 16400 - 13200 ⇒ Rs. 3200 So, for the 1st 4 years, the interest will be Rs. 3200 [As mentioned earlier interest will be the same] So, sum = 13200 - 3200 ⇒ Rs. 10000 Now, S.I = (10000 × 10 × 16)/(100 × 5) ⇒ 100 × 2 × 16 ⇒ Rs. 3200 ∴ The simple interest (in Rs.) on the same sum at 10% p.a. for 3(1/5) years will be 3200.
Which of the following statements are true in regards to the Ahom kingdom of Assam?
1. Established in 1228 in the Brahmaputra valley of Ass...
What is the overtime rate for workers employed in agriculture mentioned under the act of minimum wages act 1948?
Which of the following is not an accounting principle?
Two vehicles A and B travel with uniform speed 30 km per hour and 60 km per hour respectively in the same direction. They start at the same time and fr...
Consider the following statements regarding disqualification
1. The disqualification under Representation of Peoples Act, 1951 is decided by t...
In the context of the Cabinet Secretary of India, consider the following statements
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Who among the following coined the term “Social Security”?
Palash invest thrice the sum invested by Vicky and withdraws half of the sum after 5 months and again withdraws half of the remaining sum after 5 months...
Which of the following provisions are correct in regards to FRBM Act 2.0?
the FRBM act requires the gover...
A shirt is marked 40% above the cost price and sold after a discount of Rs.108 at Rs.452. Find the cost price of the shirt.
