Question
A sum of ₹8,500 amounts to ₹11,900 in 5 years at
simple interest per annum. If the rate of interest is increased by 3%, then the increased amount for the same period isSolution
Now, according to the question SI = A-P SI=Rs. (11900 - 8500) = Rs 3400 SI = (PRT) / 100 Rs 3400 = (8500×R× 5) / 100 R = (680/85) R = 8% Now, the rate of interest is increased by 2% = (8 + 2) % = 10% SI=Rs. (8500 ×10 × 5) / 100 SI = Rs.4250 Now A =P+SI =8500+4250 =12750.
In India, two leading (foremost) states in terms of coal production are:
On which date National Education Day is celebrated?
Due to which of the following reason Debt Financing is a cheaper source of finance?
Which bank has announced the launch of its online platform, 'Trade Emerge', to offer comprehensive digital banking and value-added services to exporters...
The two statements are given below, one is a statement (A) and the other is the reason (R).
Statement (A): The average and daily temperature of A...
Which nation is a part of the Quad Cyber Challenge aimed at improving cybersecurity awareness?
Who is the president of North Korea?
Given below are two statements, one labeled as Assertion (A) and the other as Reason (R): Assertion (A): Balban made his government firm stable and cent...
Consider the following statements-
1. The maximum number of land holdings in India are of marginal type.
2. The beginning of the Green Rev...
निम्नलिखित में से कौनसा तत वाद्य नही है ?
Relevant for Exams:
