Question
A sum is invested at a certain rate (p.a.) of compound
interest (compounded annually). The interest earned after 1st year and after 2 years of investment is Rs. 5,000 and Rs. 5,750. Find the rate of interest per annum.Solution
ATQ,
Interest received in 2nd year = 5750 - 5000 = Rs. 750, which is equal to
interest earned on Rs. 5,000.
Rate of interest = (750/5000) × 100 = 15%
Read the given statements, labelled Assertion (A) and Reason (R), and select the most appropriate option with respect to them
Statements:
<...Who discovered vaccination against anthrax?
Bharat NCAP, is a New Car Assessment Program designed for India and aims to evaluate the safety performance of cars sold in India. On which date did the...
The amount of water vapor present in the air is called-
When electricity is passed through water, what kind of chemical reaction occurs?
Consider the following statements about Hindustani music compositions.
1. Dhrupad is a serious and sober composition which demands effort from ...
What is the minimum Cash Reserve Ratio (CRR) that Small Finance Banks (SFBs) are required to maintain as per RBI guidelines?Â
In which city, with a population of more than 10 lakhs, was the SS 2.0 initiative launched secondly?
In June 2020, India got an opportunity of two-year tenure as non-permanent member of UNSC. Consider the following statement.
1. India won 184 vot...
