Question
Arjun acquired a smartphone with a price tag of Rs.
18,000. For the initial payment, he paid Rs. 2,160. The remainder was to be paid in two equal installments, but with a twist. The installments were subject to compound interest at a rate of 20% per annum, compounded annually. Calculate the value of each installment.Solution
ATQ, Amount due after down payment = 18000 – 2160 = Rs. 15,840 Let the amount of each instalment be Rs. ‘a’ Amount to be paid at the end of 1st year = 1.2 × 15840 = Rs. 19,008 According to the question, 1.2 × (19008 – a) = a Or, 1.2 × 19008 – 1.2a = a Or, 2.2a = 1.2 × 19008 Or, a = {(1.2 × 19008)/2.2} = 10368 Therefore, each installment = Rs.10,368
Act of mating in Sheep is known as?
Which disease primarily affects the upper respiratory tract with sero mucoid nasal and ocular discharges in chickens?
A selective form of breeding in which the sire and dam are related which some refer to as a mild form of inbreeding is called:
The best site for semen deposition during artificial insemination in cattle isÂ
Which of the following is not correct characteristic feature of smooth muscle fibre?
The reason for yellow colour of milk in cattle is -
In the bodies of complex animals, the most widely distributed and abundant tissue is
National Dairy Research Institute is located at
The goat breed which is famous for chevon, quality skin & breeding efficiency is?
The combination of physiological events which take place starting with estrus (heat) and ending with the next heat is termed estrous cycle. The estrous ...
Relevant for Exams:
