Question
A man invested Rs. 'B' at simple interest of 18% and Rs.
'B + 4000' at simple interest of 14% p.a., for 4 years each. If the interest earned from both investments is the same, then find the sum invested at the lower rate of interest.Solution
ATQ, Simple interest = Sum X rate of interest X time period of investment ÷ 100 ATQ; Or, 7.2B = (B+4000)×5.6 Or, 7.2B = 5.6B+22400 Or, 1.6B = 22400 Or, B = 14000 So, sum invested at lower interest = 14000 + 4000 = Rs. 18,000
Recently Justice B S Patil has been appointed as Lokaayuka of which state?
PAN is compulsory if the amount exceeds,
Reserve Bank of India has proposed to increase the payment limit for UPI Lite to how much?
In response to the AI safety challenges, which two countries agreed to jointly develop tests for advanced AI models in 2024?Â
Which state government has tied up with the Indian Institute of Management (IIM) Lucknow to promote start-ups and groom entrepreneurial skills among r...
The base year for the Consumer Price Index for Agricultural and Rural Labourers (CPI-AL/RL) has been revised from 1986–87 to:
Where was World Lion Day 2025 celebrated?
Which public sector company recently appointed R. Doraiswamy as its MD & CEO in July 2025?
What is the primary benefit of the property card issued under the SVAMITVA scheme?
For what specific contribution did the Nobel Prize in Physics 2023 recipients, Anne L'Huillier, Pierre Agostini, and Ferenc Krausz, receive the award?