Question
Veeru invested Rs. 2800 at 20% p.a. simple interest for
3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, compounded annually for another 2 years. Find the final amount received by Veeru at the end of 5 years.Solution
Amount received by Veeru after 3 years of investment = (2800 × 20 × 3)/100 + 2800 = Rs. 4900 Therefore, sum invested by Veeru at compound interest = Rs. 4900 Amount received by Veeru at the end of 5 years = 4900(1 + 0.2)2 = Rs. 7656.25
A scientific process of converting organic matter into compost by earthworms is called ____
What is the funding pattern between the central government and state governments for RKVY for states other than northeastern and Himalayan states?
Which initiative by the Indian government aims to connect APMC mandis for a unified national agricultural market, offering digital services to traders...
Which of the following is not a component of the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA)?
Which of the following is eligible to enroll in the Pradhan Mantri Kisan Maan Dhan Yojana?
The Pradhan Mantri Awas Yojana – Gramin (PMAY-G) is an ambitious government scheme aimed at providing pucca houses to the rural poor with basic amenit...
The element required by Rhizobium for the formation of leghemoglobin which is involved in nitrogen fixation:
Under the PM-KISAN scheme, all landholding farmers' families shall be provided the
financial benefit of Rs.____/-per annum per family payable in ...
The KCC facility was extended to fish farmers in the year___
In which year was the Dairy Processing & Infrastructure Development Fund (DIDF) announced?