Question
Simple interest on a sum at 12% p.a. for 3 years is
₹2160. Find the compound interest on the same sum at 10% p.a. for 2 years.Solution
( P × 12 × 3 ) / 100 = 2160 ⇒ P = 6000. CI = 6000 × (1.1)² − 6000 = 7260 − 6000 = 1260.
More Simple and compound interest Questions
Choose the word that is closest in meaning to the given word.
Word: Ameliorate
- In the following sentence, choose the word similar in meaning to the bold word to fill in the blank.
Her happy demeanor and ___________attitude bri... One who knows everything
Pervasive
- Select the most appropriate synonym for the bold word in the given sentence.
Her courage helped her overcome all difficulties.
... In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in ...
Choose the correct spelling from the options given.
Paramour
Choose the word correct synonym:
Antecedent
adversity
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