Question
Meera had Rs. 3500 with her. She invested Rs. ‘c’ at
14% p.a. simple interest for 6 years and the remaining sum at 20% p.a. compound interest, compounded annually for 2 years. If the total interest received by her is Rs. 2300, then find the value of ‘c’.Solution
ATQ, Simple interest received by Meera = (c × 14 × 6)/100 = Rs. 0.84c Compound interest received by Meera = (3500 – c)(1 + 20/100)² – (3500 – c) = Rs. 1.44(3500 – c) - (3500 - c) = Rs. 0.44(3500 - c) According to the question, 0.84c + 0.44(3500 – c) = 2300 Or, 0.84c + 1540 - 0.44c = 2300 Or, 0.4c = 2300 - 1540 Or, 0.4c = 760 Or, c = 760 / 0.4 = 1900
The Sundarbans delta is formed by the depositional action of the Ganga, Brahmaputra and which of the following rivers?Â
The Indian National Congress adopted a resolution at its historic ______ session in 1929 calling for ‘Purna Swaraj’ from the British.
How much additional subsidy is allocated to Fertilizers by the government of India in Union Budget FY22-23?
Where is India's first Small Animal Hospital located?
Which branch of physics deals with properties of fluids at rest?
Identify the position of stomata in plants.
The ____ was established in 1964 under an Act of Parliament as a wholly owned subsidiary of the Reserve Bank of India.
ISO 20222 is related to:
Match List-I with List-II and select the correct answer using the code given below the Lists:
Which of the following is an input device?
Relevant for Exams:
