Question
A sum was invested in scheme ‘A’ for 4 years at
simple interest of 10% per annum. Had it been invested in scheme ‘B’ at simple interest of 9% per annum for 6 years, the interest earned would have been Rs. 1,680 more. What is the amount invested?Solution
Let the sum = Rs. ‘x’
According to the question,
(x × 9% × 6) – (x × 10% × 4) = 1680
Or, 0.54x – 0.40x = 1680
Or, 0.14x = 1680
Or, x = 12000
So, the sum = Rs. 12,000
- The Green Transition Alliance India (GTAI) is a continuation of which previous Denmark-India partnerships?
What is the primary goal of the Maritime Development Fund (MDF)?
The RBI introduced two special USD-Rupee forex swap facilities to attract foreign currency inflows. One is for FCNR(B) deposits. What is the other for?
Under which section of the Banking Regulation Act, 1949, were the penalties on Axis Bank, ICICI Bank, and other banks imposed?
Which of the following statements about the upcoming Tarang Shakti exercise is true?
Which of the following is the output of the country less the intermediate consumption, which is the difference between gross output and net output?
The 10th National Pollution Response Exercise (NATPOLREX-X) will be conducted off which Indian city?
What is the primary goal of the joint venture between Coal India Limited (CIL) and GAIL for setting up a Coal to Synthetic Natural Gas (SNG) plant?
Consider the following statements:
1. ISRO's Aditya-L1 mission completed its first halo orbit around the Sun-Earth L1 point.
2. The Aditya...
How many Shatavahana-period inscriptions were discovered by the ASI in Gundaram Reserve Forest, Telangana?
Relevant for Exams:
