Question
Arun deposited Rs 18000 in PNB for 3 years and got a total
amount of Rs 23400 whereas Varun deposited Rs 25000 in SBI and got a total interest of Rs 4000 after 2 years. What is the difference between the rate of interest offered by both the banks in the given time period if the amounts are calculated on simple interest basis?Solution
Total interest offered by PNB after 3 years = Rs (23400 - 18000) = Rs 5400
Hence rate of interest offered by PNB = (5400 X 100)/(18000 X 3)% = 10% similarly rate of interest offered by SBI = (4000 X 100)/(25000 X 2)% = 8%
Hence difference between rate of interest offered = (10 - 8) % = 2%
How often do you enjoy trying new foods or experiences?
How do you handle situations where you are required to adapt to change?
Are you typically a procrastinator?
How do you handle failure or setbacks?
How often do you find yourself feeling envious of others' successes or accomplishments?
How do you typically react to unexpected situations?
How important is it for you to maintain a routine or schedule in your daily life?
How do you typically handle criticism or negative feedback?
How do you handle situations where your values or beliefs conflict with those of your employer or organization?
How do you deal with failure?
