Question
Santosh invested Rs.9000 in a scheme for 6 years which
is offering 15% simple interest. The amount received after 6 years from scheme B has been invested in another scheme offering 20% compound interest for one and half years, compounded half yearly. What will be the amount (approx.) received to Santosh after seven and half years?Solution
Simple interest earned by Santosh in 6 years at rate of 15% = (9000*15*6)/100 = Rs. 8100 Total amount earned by Santosh after 6 years = Rs. 9000+ Rs. 8100 = Rs. 17100 Amount received after investing in a scheme offering compound interest at rate of 20% compounded half yearly after one and half years. R = 10%, n = 3 A = 17100*(1+(10/100))3 A= 17100*1.331 A= Rs. 22760.1
In the WHO–India collaboration to set global benchmarks for yoga, which institute is the nodal centre?
Which of the following is an annual exercise between Indian Army and Japanese Ground Self Defence Force?
Which country hosted the first ever United Nations Security Council’ Counter (UNSC) Terrorism Committee (CTC) ?
Which country ranks 72nd in the Artificial Intelligence Preparedness Index 2024?
The mixed 4x100m freestyle relay world record broken by the USA in 2025 had previously been held by which country?
Which programme supported domestic participation of MSMEs in the MH‑60R helicopter sustainment ecosystem?
In December 2021, _________ became the first European country to allow limited cultivation and possession of cannabis for personal use.
Which of the following statements is/are NOT true with respect to the shrinkage of the NBFC loans in the urban areas according to the data provided by t...
What initiative is the Ministry of Mines undertaking on 1st October, 2023, in line with the government's call for citizen participation?
As per the National Crime Records Bureau (NCRB) data, how many honor killings were reported in India in 2021?
