Question
Vishal has certain sum of money with him. He invested
80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 2040 as interest. He then invested the amount received from scheme ‘X’ in scheme ‘Y’ for 2 years at 50% p.a., compound interest compounded annually. Find the amount received by Vishal from scheme B.Solution
Let, Vishal invested Rs. x in scheme ‘X’ According to the question, {(x × 15 × 8)/100} = 2040 Or, x = 2040/1.2 Or, x = 1700 Total sum Vishal had = 1700/0.8 = Rs. 2125 Amount received from scheme ‘X’ = 1700 + 2040 = Rs. 3740 Amount received from scheme ‘Y’ = 3740(1 + 50/100)2 = Rs. 8415
What technology is utilized by FASTag to facilitate automatic toll payments?
Which of the following cube in the answer figure CANNOT be made based on the unfolded cube in the question figure?
The first Chairman of Finance commission was
Which statement among the following is incorrect regarding the geographical description of Uttarakhand?
RBI Banking Ombudsman Office for Centralised Receipt and Processing Centre is located in ____________.
Who is the author of the book The Golden House?
Consider the following statements:
1. The design of the National Flag was adopted by the Constituent Assembly of India on 22 July 1947.
2....
When is International Labour Day observed?
ऊंट की खाल पर चित्रांकन किस कला शैली की विषेषता है?
Recently Supreme Court approved establishment of some special courts to prosecute criminal cases against legislators within a year. The number of courts...
