Question
Amit invested Rs. 96,000 in two SIPs labeled 'P' and
'Q.' SIP 'P' offers an annual interest rate of (p - 3)%, and SIP 'Q' offers (p + 3)% interest, both at a simple interest rate. If the total interest earned from both SIPs after 2 years is Rs. 57,600, determine the value of 'p'.Solution
ATQ, 96000 × [(p - 3) /100] × 2 + 96000 × [(p + 3) /100] × 2 = 57600 Or, 960 × 2 × (p - 3 + p + 3) = 57600 Or, 2p = [57600/(960 × 2) ] Or, p = (30/2) So, p = 15
Which of the memories has the shortest access time?
Which is responsible for converting the programs written in assembly language into machine instructions.?
What is the main function of the Enter key on the keyboard of a computer?
Which of the following technologies were used by third-generation computers?Â
Which of the following keyboard shortcuts opens the FONT dialogue box window in MS-Word?
Email protocol-
To save a document in different location use ______.
Which one is the Open-source operating system?
What is the term for how words will appear on page?
Which protocol is primarily used for secure file transfer?
Relevant for Exams:
