Question
A man deposited Rs. ‘x + 1400’ at 12% per annum
simple interest and earned Rs. 828 as interest after 2 years. Find the interest earned by him if he deposited Rs. 2x at 10% per annum for 2 years at compound interest.ÂSolution
So, {(x + 1400) × 0.12 × 2 = 828 0.24x + 336 = 828 x = 492/0.24 = 2050 So, required interest earned = 2 × 2050 × 0.21 = Rs. 861
More Simple and compound interest Questions
Chiasmata Formation takes place in which stage?
What causes puffy fruit in tomatoes ?
The oldest crop improvement method is:
Breeder seed is the progeny ofÂ
Which citrus pest causes damage by consuming leaves from the margin and is most destructive during the nursery stage of the crop?
The oil content in Groundnut is:
Inheritance of ABO blood group system is an example of____
The only known nickel containing enzyme
Which one of the following is C: N ratio for most of the oil cakes?
Which of the following Agricultural commodity of Uttarakhand recently got GI tag?
Relevant for Exams:
