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. 1,600 and Rs. 1,792. Find the rate of interest per annum.Solution
ATQ,
Interest received in 2nd year = 1792 - 1600 = Rs. 192, which is equal to
interest earned on Rs. 1,600.
Rate of interest = (192/1600) × 100 = 12%
Which of the following banks has launched “Salute Doctors” on the National Doctors Day which is held on 1st July every year?
What is the primary focus of the Stand-Up India Scheme? Â
Dharmadhikari Committee is for –
The Gyan Bharatam Mission will work towards conserving how many manuscripts across India?
Who is the first Indian brand ambassador for Dreame Technology?
Pandit Birju Maharaj is renowned for his mastery in which classical dance form?
‘Sea Vigil-24’ is a Defence Exercise conducted by which country?
NASA stands for
All noble gases are ?
Losar festival is a celebration for New Year. This is observed in
