Question
Rs. 8,000 is invested in scheme ‘A’ offering simple
interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is the difference in interests earned from the two schemes after 3 years?Solution
Interest earned from scheme ‘A’ = (8000 × 3 × 18) ÷ 100 = Rs. 4320 Interest earned from scheme ‘B’ = (6000 × 3 × 7) ÷ 100 = Rs. 1260 So, difference in interest earned = 4320 – 1260 = Rs. 3060
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Which is the first Indian state to pass the Lokayukta Act?
Which amendment to the Indian Constitution added the Ninth Schedule?
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Which of the following is not a part of the Fundamental Duties under the Indian Constitution?
Who was the first President of India?
The concept of ‘Directive Principles of State Policy’ in the Indian Constitution is borrowed from which country’s constitution.
The "Right to Property" ceased to be a Fundamental Right after which constitutional amendment?