Question
The simple interest on a certain sum for 4 years at 10%
per annum is Rs 240 less than the compound interest on the same sum for 2 years at 20% per annum. The sum is?Solution
Simple interest at 10% for 4 years =10*4 = 40%
Compound interest at 20% for 2 years = 20 + 20 + (20*20)/100 = 40 + 4 = 44%
Let the sum be Rs 'P'
44% of P - 40% of P = 240
4% of P = 240
P = (240*100)/4 = 60*100 = Rs 6000
Which company launched the first multi-brand co-branded credit card in India, partnering with RuPay and Yes Bank?
Which insurance company launched a digital film to support Indian athletes for the upcoming Paralympic Games in Paris 2024?
Consider the following statements:
(I) Mohiniyattam is a classical dance form of Kerala.
(II) Kalamandalam Kalyanikutty Amma is considered...
Which river flows through Paris?
______ won the title of best all rounder in Icc Test Ranking 2021.
Who can subscribe (invest in) a Certificate of Deposit (CD)–
In FY24, what was the reported rise in India’s forex reserves due to the increase in foreign currency assets?
Match List-I with List-II and choose the correct answer from the codes below:
Which river crosses tropic of Capricorn twice?
The next Olympics (2020) will be held in:
Relevant for Exams:
