Question
Rs. 2500 is invested in scheme ‘A’ for a year at
simple interest of 25% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in scheme ‘B’ which offers compound interest (compounded annually) of 20% p.a. What is the total amount received from scheme ‘B’?Solution
Calculate the simple interest from scheme A Principal (P) = ₹2500 Rate of interest (R) = 25% per annum Time (T) = 1 year The formula for simple interest is: Substitute the values:
The interest received from scheme A is ₹625.
Reinvest the interest in scheme B at compound interest Principal for scheme B = ₹625 (interest received from scheme A) Rate of interest (R) = 20% per annum Time (T) = 2 years The formula for compound interest (compounded annually) is: Substitute the values:
The total amount received from scheme B is ₹900.
Seven boxes K, L, M, S, T, U and V are kept one over the other but not necessarily in the same order. T is kept immediately above K. V is kept immediate...
Rearrange the jumbled up letters to form a meaningful word and find the odd one out.
Given below is a statement followed by some conclusions. You have to take the given statement to be true even if it seems to be at variance with the co...
Which of the following numbers does not fit into the pattern of the series?
8, 27, 64, 100, 125, 216, 343
Select the option that represents the letters that, when placed from left to right in the following blanks, will complete the letter-series.
_ V ...
The first two figures are related in a certain way. Choose the correct option to replace the question mark ‘(?)’ which has the similar relation with...
Select the word-pair that best represents a similar relationship the one expressed in the pair of words given below.
(The words must be considere...
If ÷ means addition, × means subtraction, + means multiplication and – means division then
40 – 20 + 6 × 2 ÷ 5 = ?
Read the following logic and answer the given question.
A + B is the mother of A, B.
AB is the father of A, B.
A * B is the s...
In a certain code language, 'DESIGN' is coded as 8-10-38-18-14-28 and 'FOREST' is coded as 12-30-36-10-38-40. How will 'PLAYER' be coded in the same lan...