Question
A sum of money invested at simple interest grows to 13
times its original value in 96 years. Determine the annual rate of interest.Solution
ATQ,
Let the amount invested be Rs. 'a'. Interest earned = 13a - a = Rs. '12a Simple interest = Principal ร rate ร time รท 100 So, 12a = Pa ร rate ร 96 รท 100 Or, rate ร 96 = 1,200 Or, rate = 12.5%
The World Trade Organisation (WTO) notified that the global merchandise trade volume is expected to grow ________ in 2023 as compared to an earlier esti...
Which company is the principal contractor in the U.S.-India maritime tech deal under IPMDA?
How is India contributing to Sri Lanka's digital identity project?
During the Bhimmandali Eco Heritage Site inauguration, Union Minister Dharmendra Pradhan launched which portal designed to improve transparency in rural...
Which of the following network topologies provides the highest fault tolerance?
According to NFHS-5, what was the decline in the percentage of underweight children in India?
- Which Indian Army regiment is representing the Indian side in Exercise DUSTLIK-VI?
- Under which scheme has Tata Power Renewable Energy Limited (TPREL) partnered with Bank of Baroda to finance residential rooftop solar systems?
How many ships have been built under the Indo-Russian defence partnership till INS Tamalโs commissioning?
What is the main purpose of the 'Social Security Agreement' signed between India and Argentina?