Question
A person invested Rs. 7500 at a simple interest rate of
12% per annum, and also invested Rs. 8000 at a compound interest rate of 15% per annum, compounded annually. Calculate the difference between the interest earned on both investments after 2 years.Solution
Interest earned on simple interest = 7500 X 0.12 X 2 = Rs. 1800 Interest earned on compound interest = 8000 X (1.15) 2 - 8000 = 8000 X (1.3225) - 8000 = Rs. 2,580 Therefore, required difference = 2580 - 1800= Rs. 780
Identify the INCORRECTLY matched pair(s) of the British Governor-Generals of India and the events with which they are associated.
i) Lord Dalhous...
A man sells a car to his friend at a loss of 10%. If his friend sells the same car for ₹ 54,000 and gets 20% profit on it. What is the actual price of...
Among the following which is not a money remittance service provider?
Identify the Chhau dancer from the following, who received the Sangeet Natak Akademi Award-2021 (given in February 2023)?
What is the process of a substance changing directly from a solid to a gas without passing through the liquid state called?
What is India's rank in the Environmental Performance Index (EPI)?
Which of the following states does not come under Tapi river basin?
Which article of Indian constitution is related with Uniform civil code for citizens?
On which date National Science Day is celebrated annually in India ?
In which year was the first Cricket World Cup been hosted by India ?
Relevant for Exams:
