Question
The interest received by investing Rs. 4000 for 2 years
at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple interest of 25% p.a. Find the simple interest received.Solution
Compound Interest received = 4000 × {1 + (20/100)}2 – 4000 = 4000 × (12/10)2 – 4000 = 5760 – 4000 = Rs. 1760 Simple interest received = 1760 × 3 × 25 ÷ 100 = Rs. 1320
- Which institute’s scientists won the Breakthrough Prize in Fundamental Physics in 2025 for their role in ALICE at CERN?
Which area of clean energy technology production remains a challenge for India due to limited domestic capacity?
Consider the following statements:
I. Recently Ahmedabad and Chennai have been featured the Time magazine’s list of World’s greatest ...
Which bank launched the ‘Merchant Stack’ digital platform, which is a set of digital banking services for retail merchants?
By what year is India's gig workforce projected to reach 23.5 million, according to NITI Aayog?
Consider the following statements about Card-on-File Tokenization:
1. Recently RBI has now enabled card-on-file tokenisation (CoFT) t...
What happens if suspicious activity is detected in Airtel Payments Bank’s Face Match feature?
- The book “The Life and Contributions of the Women Members of the Constituent Assembly” was released by which department?
When do we observe ‘National Pollution Control Day’ every year?
Fragrance & Flavour Development Centre has been set-up in the year 1991 by Ministry of ____________.
