'M' placed a specific amount of money into the 'SBI' Mutual Fund, which provides a 15% per annum simple interest rate. Simultaneously, 'M' invested the same amount in the 'HDFC' Mutual Fund, which offers a 15% per annum compound interest rate, compounded annually. After a period of 2 years, the difference between the interest earned from 'SBI' Mutual Fund and 'HDFC' Mutual Fund was Rs. 675. Determine the total amount 'M' received from the 'HDFC' Mutual Fund at the end of 2 years.
ATQ, Let, the principal amount invested by 'M' be Rs.'m' we know that the difference between CI and SI, after 2 yrs when Rs.'m' is invested at a rate of 'r'% p.a. = [m × (r/100)2] therefore, [m × (15/100)2] = 675 So, P = 30,000 Amount received from MutualFund 'HDFC' = {30,000 × (1+(15/100))2} = 30,000 × (23/20)2 = Rs.39,675
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
PNNA, RPPE, TRRI, VTTO, ?
Select the option that is related to the third term in the same way as the second term is related to the first term.
KJPO: PQKL:: LINO:?
If all the vowels in the word ‘REJECTION’ are changed to the next letter in the English alphabetical order and all the consonants remain the same th...
If CAT is coded as 8 and DEAF is coded as 4, then what is the code for ' FED '?
Select the option that is related to the third term in the same way as the second term is related to the first term.
SZ : RA :: IL :
In the word ‘IMPORTANT’ all consonants are written as their preceding letter and all vowels are written as their following letters. Now all letters...
If each vowel of the word ' QUALITY ' is changed to the next letter of the English alphabets and each consonant is changed to the previous letter of the...
If in a certain language KINDLE is coded as ELDNIK, how is FASHION coded in that code?
If all the alphabets of alphabetical series are numbered as 26-1 from A-Z then what is the sum of the numbers of letters of the word “ GROWTH ”?
If A denote ÷, B denotes x, C denotes + and D denotes -, what is the value of 16 B 20 A 4 C 5 D 6?