Question
'X' deposited Rs.24000 at 20% per annum compound
interest in SIP 'P' while Rs.18600 at 24% per annum simple interest in SIP 'Q'. What would be his total interest after 3 yrs?Solution
ATQ, we can say that Interest earned from SIP 'P' = 24000 × {(1.2)3 – 1} = Rs. 17472 Interest earned from SIP 'Q' = 18600 × 0.24 × 3 = Rs. 13392 Required interest earned = 17472 + 13392 = Rs.30864
Recently scientists of which institute of India have discovered a new star?
Prime Minister Narendra Modi laid the foundation stone of Ganga Expressway in ___________.
What advanced technology does the Project 17A stealth frigate, Nilgiri, incorporate?
The centre government inked an agreement with Tata Consultancy Services Ltd for the ____________ phase of the Passport Seva Programme.
The Reserve Bank has harmonised the provisioning norms for standard assets applicable to all categories of urban cooperative banks (UCBs). Under this,ad...
Who has recently assumed the role of Principal Director General of Akashvani and News Services Division?
What is the rank of Microsoft’s CEO Satya Nadella in highly compensated CEOs on the Fortune 500 list?
Recently, the Financial Action Task Force (FATF) has included India in which category?
What was the percentage of the reservation increase struck down by the Patna High Court for Backward Classes, Extremely Backward Classes, Scheduled Cast...
______________ have emerged as top three states in terms of registration of electric vehicles in India.
Relevant for Exams:
