Question
A sum of Rs. 5000 amounts to Rs. 6655 at 10% p.a.,
interest being compounded yearly in a certain time. The simple interest earned (in Rs.) on the same sum for the same time and same rate is:Solution
Let desired time be ‘t’ years So, 5000(1 + 10/100)t = 6655 Or, (11/10)t = 6655 / 5000 = 1331/1000 = (11/10)3 Or, t = 3 Desired simple interest = 5000 × 0.10 × 3 = Rs. 1500
Which among the following ports in India has been renamed as Deendayal Port?
What is the minimum bulk deposit threshold for Regional Rural Banks (RRBs) as per the recent RBI guidelines?
In the abbreviation AERB, the letter ‘E’ stands for:
As per the Union Budget 2022-23, a scheme called PM Development Initiative for _________ is proposed to be launched.
Who was the revenue minister during the reign of Akbar?
Which of the following devices can be considered part of the Internet of Things (IoT)?
Under whose leadership the first land settlement was started by the Gorkhas in Kumaun?
Rani Machaiah from Karnataka was awarded the Padma Shri for her contribution to popularising ___________ in and outside Karnataka.
Which Space agency has fitted the Laser Retroreflector Array (LRA) on the Vikram lander of Chandrayaan 3, positioned near the Manzinus crater in the moo...
What is the rank of India in the production of fish in the world?
Relevant for Exams:
