Question
An individual invests ₹1,200 at a simple interest rate
of 5% per annum. After 2 years, they add ₹800 to the investment, and the total amount remains invested for another 3 years at the same rate. What is the total interest earned from both investments over the 5-year period?Solution
Interest on the Initial Deposit of 1,200 for the First 2 Years Principal after 2 Years = 1200 + 120 = 1320 And 800 is added additionally Total principal for investing for next 3 years = 1320+800 = 2120 Interest on the 2120 for the Remaining 3 Years
total interest earned over the entire 5-year period = 120+318 = 438
What was the Real Name of Singer Kishore Kumar?
Which country is also known as the land of pagodas?
Who is the author of the book ‘Breaking Barriers’?
‘Rand’ is the currency of which of the following countries?
Euro is not the currency of which of the following country?
Which of the following is correctly Matched?
I) Drafting Committee – Bhimrao Ambedkar
II) Union Constitution Committee – Jawaharlal ...
In which of the following landmark case, a five-judge Supreme Court bench had declared triple talaq or talaq-e-biddat unconstitutional?
What type of workers primarily benefits from the E-Shram Portal?
Pushyabhuti, who ruled from Thaneswar, was the founder of---------------dynasty.
Acclaimed Indian architect Balkrishna Doshi has won the Royal Gold Medal 2022, one of the world's highest honours for architecture. Which country gives ...