Question
Anil initiated his financial journey by investing Rs.
7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 years. After this period, he harnessed the compounded power of the accumulated amount by transferring it to another fund with an interest rate of 20% per annum, compounded annually, for 2 years. Determine the total interest earned by Anil at the end of four years ?Solution
ATQ, Amount accumulated after 2 years = 7500 × 0.18 × 2 + 7500 = 2700 + 7500 = Rs. 10200 Amount accumulated after 4 years = 10200 × [(1.2)2 – 1] = 10200 × 0.44 = Rs. 4488 Hence Required interest = 10200 + 4488 – 7500 = Rs.7188
Assuming the given statement to be true, find which of the following conclusions among given two is/are true.
Statement:
P ≤ T, P �...
Select the Venn diagram that best illustrates the relationship between the following classes.
Engineers, Players, Poets
Complete the given series by replacing ‘?’
3, 8, 14, 21, 29, ‘?’
What should come in place of '?' in the given series?
10 59 353 ? 12701 76205 457229
Pointing at a girl, Seema said, “She is my father’s mother’s husband’s only son’s daughter.” How is that girl related to Seema?
...This question has two statements followed by two conclusions numbered I and II. You have to take the given statements to be true even if they seem to be...
From amongst the figures (A), (B), (C), (D) and (E), select the figure which satisfies the same conditions of placement of the dots as in figure (X)
A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.
QRST, UVWX, YZAB, CDEF,?
Which of the following letter-clusters will replace the question mark (?) in the given series?
FUV, IXW, LAX, ?, RGZ
In the following equation, which of the two signs will be interchanged to get the correct equation?
119 - 21 ÷ 7 + 117 × 3 = 11
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