Question
Waqar borrowed Rs. ____ on compound interest at 15% p.a.
compounded annually. After __ years, the rate of interest changed to 20%. At the end of 4 years, he paid a total amount of Rs. _____.(I). Rs. 80,000, 2 years, Rs. 155022(II). Rs. 60,000, 3 years. Rs. 112382(III). Rs. 90,000, 1 year, Rs. 178848The data given in which among the given options will fill the blank in the same order so as to make the statement true?Solution
From option (I) ,
Sum = Rs. 80,000
So, total amount = 80,000 X (1.15) 2 X (1.2) 2 = Rs. 152352 ≠155022
So, (I) is not true.
Option (II)
Sum = Rs. 60,000
So, total amount = 60,000 X (1.15) 3 X (1.2) 1 = Rs. 109503 ≠112382
So, (II) is not true.
Option (III)
Sum = Rs. 90,000
So, total amount = 90,000 X (1.15) 1 X (1.2) 3 = Rs. 178848
So, (III) is true.
Which of the following is correct relating to acceptance?
No discussion shall take place in the Legislature of a State with respect to the conduct of ___________________________in the discharge of his duties.
As per Reg 3 of SEBI (Prohibition of Insider Trading) Regulations, 2015, what is the purpose of the provision regarding "legitimate purposes"?
Which of the following most accurately defines "general insurance business" as per the Insurance Act?
Under Section 144 of the Bharatiya Nyaya Sanhita, what is the punishment for a person who knowingly engages a trafficked child in sexual exploitation?
Which Part of the Constitution of India consists of Emergency provisions?
The pawnees right of retainer can be exercised for ________________
Which provision under the Right to Fair Compensation and Transparency in Land Acquisition, states that 'the completion of acquisition not compulsory, bu...
As per Section 6(1), the Central Vigilance Commissioner or Vigilance Commissioner shall be removed from office only by order of:
A public sector bank manager sanctioned loans to ineligible applicants. The applicants paid the manager Rs. 1 lakh per loan. The manager also facilitate...
