Shankar borrowed Rs. 7,200 at simple interest and repaid an amount of Rs. 9,504 after 7 years. If the interest rate p.a charged for first 4 years was 5% p.a., find the interest rate p.a. charged for the last 3 years.
S.I. = 9,504 – 7,200 = Rs. 2,304 ∴ (7200 × 4 × 5)/100 + (7200 × 3 × R)/100 = 2,304 ⟹ 1440 + 216 R = 2,304⟹ 216R = 864 ∴ R = 4% p.a.
Which firm has become India’s first artificial intelligence (AI) unicorn, and how much funding did it secure in its recent funding round?
What is the objective of 'Harit Sagar' guidelines launched by Ministry of Ports, Shipping & Waterways?
To restore the old pension scheme a panel has been set up by which state of India?
According to the 'Freedom on the Net 2023' report, which country has ranked as the world's worst environment for Internet freedom for the ninth consecut...
Central Government approved the purchase of how many HTT-40 Basic Trainer Aircraft?
Recently SEBI auctioned the properties of which of the following industries on 25 August 2022 to recover money that was illegally raised from investors?
Who has been appointed as the brand ambassador of Bank of Baroda?
Which of the following venture capital firm has announced to launch a Rs 100-crore fund and plans to invest in 30 startups in the next 18 months?
Recently Lillemor Koper won Gold medal in 2022 ICF Canoe Sprint World Championships . She is from which country?
Who has been appointed as the Rajya Sabha General Secretary?