Question
A invested Rs. ‘x’ in a scheme offering compound
interest of 30% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 2480), then find the value of ‘x’.Solution
According to the question, x – 2480 = x × 1.3 × 1.3 – x Or, 0.31x = 2480 Or, x = 8000
More Simple and compound interest Questions
Choose the correctly spelt word.Â
Select the correctly spelt word.
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.
(a) Tariff (b) Tarriff
(c) Tarif (d) Tarrif
Find the correctly spelt word as your answer.
1) Toornament
2) Asylum
3) Spordic
4) Poching
1) emmisions
2) harass
3) hereditry
4) legetimate
      Select the Incorrectly spelt word.
Choose the word with the incorrect spelling.Â
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