Question
Akshay invested Rs. 1050 in two schemes P and Q in the
respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 8% per annum and 10% per annum, respectively. Find the interest obtained after 2 years from scheme P.Solution
Amount invested in scheme P = (5/7) × 1050 = Rs. 750 Interest earned from scheme P = 750 × 8% × 2 = Rs. 120
More Simple and compound interest Questions
When a computer is booting, BIOS is loaded to the memory by
In Windows, which of the following actions does "Alt + F4" perform?
Which of the following represents billion characters?
Convert 10 to binary.
The program used in the digitization technique is
Who is known as the first programmer in the world?
Intersection of rows and columns are Known as?        Â
What is a 'Hyperlink' in a webpage?
What is the primary function of "Data Encryption"?
What is the primary purpose of the 'Motherboard'?
Relevant for Exams:
