Let the sum invested = Rs. K We have, K X {1 + (y/100)}2 = 7200 And, K X {1 + (y/100)}4 = 10368 So, 10368 ÷ 7200 = [K X {1 + (y/100)}4] ÷ [K X {1 + (y/100)}2] Or, 1.44 = {1 + (y/100)}2] = {(100 + y)/100}2 Or, {(100 + y)/100} = √1.44 = 1.2 Or, 100 + y = 120 So, y = 20 Hence, option a.
Which of the following may lead to a shift in the demand curve?
Which of the following statement best describe the role of a “deflator”?
Coefficient of elasticity of demand is negative. It means:
In India what is the current base year being used for the calculation of GDP?
Which of the following issues are the reasons behind the inflation in Indian Economy?
Which one of the following transactions will be considered as a transfer payment?
The range of the correlation coefficient is?
Which of the following methods is used to control inflation in India?
Price elasticity of demand of a horizontal demand curve is called:
Which of the following asset belongs to the flow concept?
