Question
A man deposited 20% of his salary to a bank which offers
compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 years is Rs. 3780, find the monthly expenditure of the man which is 53% of his monthly salary.Solution
Let the amount of money deposited in the bank be Rs. ‘x’. So, x × [(1.1)2 – 1] = 3780 0.21x = 3780, x = 18000 So, monthly income of man = 18000/0.20 = Rs. 90000 Required monthly expenditure of man = 53% of 90000 = Rs. 47700
- According to the 'Synchronised Vulture Survey-2025' released in April 2025, which state recorded the highest vulture population?
Which country hosted the 28th Conference of Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC) in 2023? ( May 2023)
- Which virus is responsible for causing Swine Flu?
In August 2024, who made history by becoming the first woman appointed as the Director General Medical Services of the Indian Army?
- Who is the current (as of March 2025) Director General of the International Atomic Energy Agency (IAEA)?
Who was honored with the Global Pride of Sindhi Award 2024?
Which state recently launched Shiksha Reform, an online learning platform that equips students with technical skills?
Under PM Swanidhi Yojana, how many rupees loan is given for the first time to lakhs of families working in street vendors, street vendors, and other suc...
Match the following summits with their venues:
How many planets are terrestrial planets?
Relevant for Exams:
