Question
Ravi invests Rs. 'p' in Scheme 'X' and Rs. (p + 3,000)
in Scheme 'Y'. Scheme X gives simple interest at 10% per annum for 24 months, while Scheme Y offers 12% per annum for 18 months. If the combined interest from both schemes is Rs. 5,400, then what is the value of '3p'?Solution
Simple interest = Principal × Rate × Time ÷ 1,200 (time in months) ATQ, (p×10×24÷1,200)+((p+3,000)×12×18÷1,200) = 5,400 Or,(p×2÷10)+((p+3,000)×3÷10) = 5,400 Or,(p/5)+(3p/10)+900 = 5,400 Or,(2p+3p)/10 = 4,500 Or,5p/10 = 4,500 ⇒ p = 9,000 Therefore, required value = 3 × 9,000 = Rs. 27,000
Each question in this portion has a sentence with three parts (a), (b) and (c). Read each sentence to find out whether there is any error in a...
The Accords, which normalized relations between (1)/ Israel and several Arab nations, (2)/ was hailed by many as a diplomatic (3)/ breakthrough that re...
 If Renuka would had (1)/ informed me(2)/ I would have picked (3)/ her up from the railway station (4)/ No error (5)
In the sentence, certain words are in bold and numbered from A to E, which are the possible pairs to be interchanged. Choose the pair(s) of words whic...
Given below are sentences with an error in each. The error is in one part of the sentence. Below each sentence are given the options containing the par...
Judge in him (1) / prevailed upon the father (2) / and he sentenced his son to death. (3) / No error(4)
From the wintry shades of (A) / narrow lanes and allies (B) / emerged a gaily clad humanity. (C) / No error (D)
The decision to cut the prices were taken after a fortnightly review meeting of the oil companies.
I and you must meet often to be updated about each other.
The widely publicized manifesto (a) / of the new party (b) / is not much different than ours. (c) / No Error (d)Â
Relevant for Exams:
