The compound interest on a sum of ₹ 5,500 at 15% p.a. for 2 years, when the interest is compounded 8 monthly, is:
Time for compounded at every 8 months = 2 × (12/8) ⇒ Time for compounded at every 8 months = 3 units Rate of interest for compounded at every 8 months = 15 × (8/12) ⇒ Rate of interest for compounded 8 monthly = 10 units ⇒ C.I. = 5500[(1 + 10/100)3 - 1] ⇒ C.I. = 5500 [(11/10)3 − 1] ⇒ C.I. = 5500 [1331/1000 − 1] ⇒ C.I. = 5500 [(1331−1000)/1000] ⇒ C.I. = 5500 × (331/10) ⇒ C.I. = 1820.5 ∴ the compound interest earned is Rs. 1820.5
A) abject
B) Accretion
C) Litigant
D) Wretched
...A) Maverick
B) Paucity
C) Ostensible
D) Unfeigned
Sumit is one of those employees who ……. very sincere.
The social activist and teacher…………nominated for the Presidency.
Rashmi and Rahul’s father ………. not well.
____________ has changed my determination to achieve it and in fact, it is __________ than it was yesterday.
No sooner did the bell ring …….. the students dispersed.
Neither the Chief Guest nor the audience …… interested in the proceedings.
For the child, ________________ of you will replace ___________.
Piping Hot
