Question
A man invests a sum of (6000 + 200x) rupees at 10% p.a.
simple interest for 2 years. If he had invested the same sum at 12% p.a. simple interest for 2 years, the interest earned would have been Rs. 1,440 more. What is the simple interest he would earn after 2 years at 12% p.a.?Solution
ATQ, Let P = 6000 + 200x Interest at 10% for 2 years: SI₁ = P × 10 × 2 / 100 = 0.20P Interest at 12% for 2 years: SI₂ = P × 12 × 2 / 100 = 0.24P Difference: SI₂ − SI₁ = 0.24P − 0.20P = 0.04P Given SI₂ − SI₁ = 1,440 0.04P = 1,440 P = 1,440 / 0.04 = 1,440 × 25 = 36,000 SI₂ = 0.24 × 36,000 = 8,640
Which of the following combination is not true?
Each question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong...
Statement: Should the government revoke the GST and bring in the previous tax regime?
Argument I: Yes, the state governments are unable to recove...
To improve workplace productivity, the management of XYZ Ltd. introduced a policy requiring all employees to start their day with a 30-minute team meeti...
In the question below, a premise is given, followed by statements that may or may not weaken the assertion made in the premise. Read the question and a...
In the question given below, a passage/statement is followed by three statements which may or may not strengthen/weaken the assertion made in the pass...
Statement: Should export of food grains be banned keeping in view the unexpected drought situation in the country?
Argument I: No, it won’t h...
In the given question, a premise is provided; choose the option that most strengthens the argument.
The implementation of Universal Basic Inc...
- To prevent the spread of any disease, it is necessary to administer medicines on time. A common fallacy among people is that medicine needs to be taken onl...
Statement: Should there be a complete ban on extracurricular activities in college.
Arguments:
I. No, there is nothing wrong in partic...
