Question
A person invests Rs. ‘a’ in SIP A and Rs. ‘b’ in
SIP B. SIP A offers simple interest at 15% per annum, while SIP B offers compound interest at 20% per annum. After 3 years, the interest earned from SIP A is Rs. 5400, which is Rs. 4610 less than the interest earned from SIP B over the same period. Determine the value of (b – a).Solution
ATQ,
Simple interest from SIP 'A' = Rs. 5400 So, a × 0.15 × 3 = 5400 a = 12000 Compound interest from SIP 'B' = 5400 + 4610 = Rs. 10010 So, b × {(1.2)³ – 1} = 10010 0.728b = 10010 b = 13750 Therefore, (b – a) = 13750 – 12000 = Rs. 1750
- Machine Learning
Which Machine Learning model is best suited for predicting stock market trends based on sequential time-series data?
In CI/CD pipelines, which of the following is NOT a key benefit of Continuous Integration (CI)?
Given the IP address 192.168.10.5 and the subnet mask 255.255.255.240 , what is the range of valid host addresses in this subnet?
Which of the following is the most effective method to ensure data confidentiality when transmitting sensitive information over a public network?
What is a key advantage of containerization over traditional virtual machines?
Which of the following best describes the mechanism of a Cross-Site Scripting (XSS) attack?
Which data structure is used in recursion?
Which testing type evaluates internal code logic and control flow?
Best case complexity of insertion sort is:
Which of the following statements is true about ACID properties in database transactions?
