Question
A certain sum on compound interest becomes 56,180 when
compounded annually after 2 years and 59,550.80 after 3 years Find the sum.Solution
Amount at the end of the second year, A2 = 56,180 Amount at the end of the third year, A3 = 59,550.80 Hence, interest incurred during the second year to the third year = 59,550.80- 56,180 = ₹3370.8 Let the principal sum be Rs. P and the rate of interest be R%. CI of the first year = SI of the first year 3370.8= (56180xRx1)/100 (For the second year, the principal amount should be Rs. 56,180) R = 6% According to the question, P (1 + 6/100)2 = 56,180 P= (56180)/11236×10000 P=50000
Which among the following is categorized as a Mediterranean poultry breed?
The isolation distance for the production of foundation seed in bajra is:
Which one of the following soil type will have maximum soil erodibility factor?
What is the primary role of organic matter in soil?
Name the alkaloid that is obtained from the autumn crocus, which is the most important chemical used by breeders to induce the doubling of chromosome nu...
In germination test the commonly used term B P stands for:
Which of the following is considered as an essential step in the exchange of gases during respiration and photosynthesis?
What is the tag color of certified seed?
Which process describes the mixing of soil by earthworms?
Leaf curl disease of cotton is due toÂ
Relevant for Exams:
