Question
A sum of money grows to Rs. 1560 when invested at a
simple interest rate of 15% per annum for 2 years. What will be the total amount received if the same sum is invested at a compound interest rate of 20% per annum, compounded annually, for the same 2-year period?Solution
Let the sum invested at simple interest be Rs. x Therefore, (x × 15 × 2)/100 + x = 1560 Or, 30x/100 + x = 1560 Or, 130x = 1560 × 100 Or, x = Rs. 1200 Therefore, amount received on compound interest at the rate of 20% p.a. for 2 years will be A = 1200{1+ 20/100}2 = 1200 × 36/25 = Rs. 1728Â
In the series: L2, ________, J18, I54, H162 what number should fill the blank?
Five friends London, Madrid, Paris, Rome, and Vienna are arranged in a circle facing the center. Madrid is to the immediate left of Paris. Rome is exact...
In the following question, select the missing number from the given series.
12, 24, 72, 288, 1440, ?
Select the number that can replace the question mark (?) in the following series.
5, 9, 17, 33, 65, ?
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
A_DF GI_L MOP_ _UVX YA_D
Statements:
All keys are locks.
All locks are handles.
Conclusions:
I. Some locks are keys.
II. All handles are keys.
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Statement:
(I) B is shorter ...
If A means '–', G means '×' D means '÷' E means '+', then what will come in place of the question mark (?) in the following equation?
18 E 27...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be true...
Change the question mark with the option that follows the applied logic in the first pair.
E: P :: I: ??