Question
Sneha invested Rs. 2700 at 15% p.a. for 2 years and Gopal
invested Rs. 3600 for 1.5 years at 18% p.a. Find how much more interest Sneha received than Gopal.Solution
ATQ,
Since, simple interest = {(sum invested X time X rate)/100} where sum
invested is in Rs., time in years and rate in percentage per annum
Interest received by Sneha = {(2700 X 15 X 2)/100} = Rs. 810
Interest received by Gopal = {(3600 X 18 X 1.5)/100} = Rs. 972
Required difference = 972 - 810 = Rs. 162
After issue of demand notice under section 13 (2) of SARFAESI, what is the time limit within which the secured creditor can initiated an action for enfo...
As per ERG theory, which of the following needs had motivated RAM to join ABC Ltd?
What are the factors that may cause NBFCs to restructure or reschedule project loans?
What does BRBNMPL expand for?
The International Financial Services Centres Authority Fund shall be applied for _____________
In six sigma under the define phase, which of the following is used to find the root of a problem?
Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
Expand FETERS
The cost of capital for a firm _______.
Which payment system has facilitated the smooth release of DBT benefits by the Prime Minister to 8.34 crore farmers under the PM-KISAN Scheme?
Relevant for Exams:
