Question

Rs. 2500 is invested in scheme ‘A’ for a year at

Q: Answer-Rs. 2500 is invested in scheme ‘A’ for a year at simple interest of 25% p.a. The interest received f...

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.

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’?

A Rs. 910

B Rs. 920

C Rs. 900

D Rs. 930

Practice Next

More Simple and compound interest Questions

निम्नलिखित में से कौन सा शब्द तत्सम नहीं है?
वह कौन-सा समास है जिसका उत्तर पद प्रधान होता है , किन्तु...
निम्नलिखित में से कौन सा शब्द स्त्रीलिंग नहीं है?
किसी राजपत्रित अधिकारी की नयुक्ति, पदोन्नति, अवकाश-स्वीक�...
राजभाषा समिति की प्रथम बैठक हुई थी।
ऐसा कवि जो तत्काल रचना करता हो ' उस के लिए एक सही शब्द होगा ?...
इनमें से युक्त वाक्य छाँटिए-
फिल्मों में नायक नायिका आंखें...... हुए दिखाए जाते हैं।
निम्नलिखित में से सरल वाक्य का चयन कीजिए-
मुह में राम बगल में छुरी मुहावरे का अर्थ क्या है?

Relevant for Exams:

RRB JE

Rs. 2500 is invested in scheme ‘A’ for a year at

Solution

Relevant for Exams: