Question
A total of Rs. 14,500 is divided between two
individuals, 'A' and 'B', in the proportion 16:13. If 'B' decides to invest his share in a financial scheme that yields a compound interest of 20% per annum, compounded annually, what will be the value of 'B's investment after two years?Solution
Amount received by 'B' = 14500 x (13/29) = Rs. 6500 So, total amount received by 'B' after 2 years = 6500 x {(1 + (20/100)}2 = Rs. 9360 Hence, option c.
Which one of the following is a natural substitute for common sugar?
Koh-i-noor diamond was presented to Aurangzeb by
How long is the maternity leave for those adopting a child below the age of three months or surrogate mothers?Â
What describes a situation where the rate of inflation is slowing down?
Who among the following said, "Employee welfare means anything done for the comfort and improvement, intellectual or social, of the employees over and a...
What term is used to describe inflation caused by an increase in the cost of production inputs?
What does IBBI stands for?
Which of the following options is incorrect about “Pradhan Mantri Rojgar Protsahan Yojana”?
Which of the following statements is/are incorrect about the “Wholesale Price Index (WPI)”?
I.        WPI does not capture changes...
A sum of money paid regularly (typically annually) by a company to its shareholders out of its profits is called as?
Relevant for Exams:
