Question
A certain sum is invested for three years at rate of
interest being 25% and it is invested in both simple interest and compound interest (compounded annually). If the difference between the compound interest and simple interest is Rs 650, then find the sum invested.Solution
Let the sum invested be A; Simple interest in three years: 3 × 25/100 × A => 3A/4 Compound interest in three years: A(1+25/100)3 – A => 61A/64 Difference between compound interest and simple interest= 13A/64 = 650 => A =3200.
What maybe the possible meaning of the phrase ‘failed to comply’ mentioned in the passage?
What does the phrase “under a common umbrella” mean?
Who among these is/are the author/s who have not been victimised for free expression in their works?
What does the Compensatory Afforestation Fund Act, 2016 mandates?
Why is the pristine environs near Kuppalli in Tirthahalli taluk damaged and under threat?
What is the result of the fusion of the new labor force survey and the recommendations obtained from the task force set up by NitiAyog?
What does accumulation of a huge amount in compensatory funds points to?
Choose the incorrect statement
Choose the word which is most nearly the same in meaning to the word ‘prerogative’ as used in the passage .
Which of the following words is opposite in meaning to " anticipated " as used in the passage?