Question
The amount of simple interest earned on ₹4080 at an
annual rate of 7.5% for t years is compared to the simple interest earned on ₹3250 at an annual rate of 4.5% for 2t years. If the ratio of these two amounts is 6:5, find the value of t.Solution
ATQ,
[4080(1 + 7.5*t/100)]/[3250(1 + 4.5*2t/100)] = 6/5
408(100 + 7.5t)/325(100 + 9t) = 6/5
6800 + 510t = 6500 + 585t
75t = 300
t = 4 years
What is the maximum subsidy amount for individual units under PMFME?
What feature of the "Flash Pay" RuPay smart key chain launched by Federal Bank emphasizes enhanced security for contactless payments?
Who is roped as the brand ambassador of PharmEasy?
Who among the following replaced Morarji Desai as the Prime Minister of India in 1979?
Who won the 2023 Superbet Rapid & Blitz Poland, the second leg of the Grand Chess Tour?
Where are the headquarters of the Centre for Development of Advanced Computing?
Who is the author of the book "The Rajiv I Knew," which delves into Rajiv Gandhi's accords with insurgents and the controversies that marked his tenure?
Which of the following term means using shares as collateral and taking a loan against them?
Who is the chairperson of the National Statistical Office?
Which bank has launched UPI integration for NRE clients through its mobile banking platform enabling NRIs to seamlessly utilise UPI features through the...
Relevant for Exams:
