Question
A man invests a sum of money in two schemes: Scheme A
offers 12% simple interest per annum, and Scheme B offers 15% compound interest per annum. He invests â‚ą50,000 in Scheme A for 3 years and â‚ą40,000 in Scheme B for 2 years. What is the total amount he receives after 3 years from both schemes?Solution
For Scheme A (Simple Interest): Interest = P Ă— R Ă— T / 100 = 50,000 Ă— 12 Ă— 3 / 100 = â‚ą18,000. Amount from Scheme A = â‚ą50,000 + â‚ą18,000 = â‚ą68,000. For Scheme B (Compound Interest): Amount = P Ă— (1 + R/100)^T = 40,000 Ă— (1 + 15/100)^2 = 40,000 Ă— (1.15)^2 = 40,000 Ă— 1.3225 = â‚ą52,900. Total amount = â‚ą68,000 + â‚ą52,900 = â‚ą1,20,900. Correct option: c
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
Loss of appetite
 Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
His optimistic outlook was replaced by _______ ...
- Select the most appropriate ANTONYM of the given word.
Eager Internecine
The poor man’s son is working very hardly.
The Girls said, “Hurrah! we have won the battle”.
The original chapel was built in the ________ of CharlesÂ
14. Malevolent
...EmbitteredÂ
