Question
Rahul invested Rs. 2450 at a 40% per annum simple
interest rate for 'y' years, and this investment yielded a total amount of Rs. 4410. Find the interest earned when Rahul invests Rs. 3500 in a compound interest account with an annual interest rate of 30%, compounded annually for 'y' years.Solution
ATQ, (2450 × 40 × y)/100 = 4410 – 2450 Or, y = (1960/980) = 2 years Therefore, interest received = 3500(1 + (30/100))2 – 3500 = Rs.2415
Answer the questions based on the information given below.
Seven persons stay in 7 different floors of a building such that no two persons stay...
Who among the following lives immediately below I?
Statement: Farm fires, being touted as the major reason for unbreathable Delhi air, are shown to account for only 40% of the current spell of deadly ha...
Event (A): The authorities of Lumbini Gardens have blatantly encroached upon the footpath on 4th Main, Coffee Board Layout in Nagavara.
Event ...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent cause...
Statement:
I. The brake system of public school bus carrying 20 students failed.
II. Many parents were seen withdrawing their children...
Select the option that is related to the fifth element in the same way as the second element is related to the first element and the fourth element is ...
In the question given below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent ...
In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These tw...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent cause...
