Mr. X invested Rs. 700 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 5% per annum and 10% per annum. Find the total interest obtained from both schemes after 2 years.
Amount invested in scheme A = (7/10) × 700 = Rs. 490 Amount invested in scheme B = (3/10) × 700 = Rs. 210 Interest earned from scheme A = 490 × 5% × 2 = Rs. 49 Interest earned from scheme B = 210 × 10% × 2 = Rs. 42 Therefore, required total interest = 49 + 42 = Rs. 91
What is the demand curve for a Giffen good?
Recently a rare freshwater edible cyprinid fish was discovered by the researchers and was named Garra laishrami. Where was this fish discovered?
Who has been selected to carry out the remaining three packages of Mongolia's first oil refinery project?
The main element of protein is
The volume of a solid cube is 2197 m3. If whole cube is to be painted at a rate of Rs. 8 per m2, then what will be the cost of pai...
The first elaborate description of Upanayana Sanskar is found in the
What is the maximum penalty for contravening the provisions of the Equal Remuneration Act, 1976?
The main objective of the Minimum Wage Act, 1948 is to safeguard the interests the workers engaged in:
The Iranian painter Abdus Samad was brought to India by which of the following?
Which articles of the Constitution of India prohibit bonded labour?
