Question
Vikas invested Rs. 12,000 at an annual compound interest
rate of 30%, with the interest being compounded every 10 months. How much interest did Vikas earn after 20 months?Solution
Effective time period = 20 ÷ 10 = 2 terms Effective rate of interest = 30 X (10/12) = 25% So, compound interest received = 12000 X {1 + (25/100)}2 - 12000 = 12000 X 1.252 - 12000 = Rs. 6,750
Oran Knowlson, a teenager from the United Kingdom, recently made medical history as the first person in the world to receive a brain implant designed to...
The Elphinstone code which introduced a uniform scheme of criminal law was introduced in which year?
Which of the following Directive Principles of State Policy is NOT based on Gandhian principles?
What name has Prime Minister Narendra Modi suggested for the old Parliament House?
Where will the 3rd Environment and Climate Sustainability Working Group (ECSWG) meeting take place?
Which of the following inscriptions of Ashoka is in a bilingual script?
Which state in India has launched the Chief Minister's Learn and Earn scheme to teach employable skills to the youth?
Who administers the oath for the office of the Vice-President of India?
___________ state government has implemented the Anna Bhagya Scheme for the state.
The Securities and Exchange Board of India (SEBI) has debarred Zee Entertainment Enterprises (Zee) promoter and Essel group Chairman Subhash Chandra and...
