Question
The difference between compound interest and simple
interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same amount for a period of 2 years at rate of 10% per annum.Solution
Let, the amount be Rs. P. P[(1 + 14/100)2 – 1] – P × 14% × 2 = 294 P × 0.2996 – P × 0.28 = 294 P × 0.0196 = 294 P = 294 ÷ 0.0196 = Rs. 15000 Therefore, required interest = 15000 × 10% × 2 = Rs. 3000
Who among the following is a Padma Shri awardee and know for his work for promoting Zero Budget Natural Farming in India?
To conserve natural resources for long term use, which of the three R’s will help us?
Kanya Sumangala Yojana was was launched in Uttar Pradesh to promote __________.
What type of vegetation is represented by Sundarbans, the world's largest delta located in the Bay of Bengal?
‘Au’ is the symbol for which of the following elements?
In May 2022, who assumed charge as the vice chief of the Indian Army Staff?
The prestigious Nobel Prizes (excluding the Peace Prize) are awarded by institutions based in which country?
Which of the following is a lie detector machine?
What is an example of the following?
Recently who among the following person had recently appointed as the fourth whole time member for the term of three years by market regulator SEBI?
