Question
A certain amount of money at simple interest amounts to
₹1,404 in 2 years and to ₹1,560 in 5 years. What is the rate of simple interest per annum and principal?Solution
Simple interest amounts in 2 years=1404 Simple interest amounts in5 years=1560 ATQ- 2years=1404 … (1) 5years=1560 … (2) Solving (2)-(1) 3=156 1=52 For equation (2) Rate of interest in 5years= (52×5)/ (1560-52×5) = (260/1300) ×100 =20% Rate of interest per annum=20/5=4% P=1404-104=1300rs.
Where is the Vivekanand Rock Memorial situated?
Where did the Prime Minister inaugurate the Pandit Deendayal Upadhyaya Institute of Archaeology in 2019?
The bare ground between plants is covered with a layer of organic matter in order to retain soil moisture. This method is called ______.
Which of the following statements is/are correct regarding the Arya Samaj and Swami Dayanand Saraswati?
Statement A: The original name of Swami D...
- Who is the first woman combat aviator in Indian Army in 2022?
Who among the following has won Golden Globe 2020 award for “Best Performance by an Actress in a Motion Picture – Drama”?
In which of the following writs does the court enquire into the legality of the claim, which a party asserts to a public office and ousts him from its e...
Who released Food Security Index?
Where did Gautam Budha preached his first Sermon in India?
What is the Bihar Literacy Rate at present?
Relevant for Exams:
