Question
A man takes a loan of Rs. 50,000 from a bank at a simple
interest rate of 10% per annum. He immediately lends the same amount to a friend at a compound interest rate of 10% per annum, compounded annually. What is the total profit he earns at the end of 3 years?Solution
Total interest paid by the man to the bank = (50000 X 10 X 3) ÷ 100 = Rs. 15,000
Total interest received by the man from his friend = 50000 X {(1.1) 3 Â - 1} = Rs. 16,550
So, profit earned by the man = 16550 - 15000 = Rs. 1,550
What is the purpose of "RAM" in a computer system?
Which out of the following is the largest memory unit?
By which of the following memory location address is identified?
Which conversion is correct regarding Storage Units
1 TB = 1024 GB
1 KB = 1024 bytes
1 MB = 1000 KB
Which memory technology is commonly used in Solid State Drives (SSDs)?
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A computer cannot "boot" if it does not have the _____
Which unit is responsible for fetching and executing instructions in a computer?
Compilers and translators are one form of __________.
How is data stored in a dual in-line memory module (DIMM)?