A certain sum becomes Rs 13650 at 15% p.a. simple interest after 2 years. What will be the amount (in RS) of the same sum after 1 year at the same rate of interest, if the interest is compounded half yearly? (nearest to a Rs)
Let the Principal be Rs. x S.I = Rs. (13650 – x) According to the question, ⇒ (x × 15 × 2)/100 = 13650 – x ⇒ 3x/10 = 13650 – x ⇒ 3x = 136500 – 10x ⇒ 13x = 136500 ⇒ x = 10500 Now, if rate of interest is compounded half yearly, the interest becomes half and time becomes twice. So, Rate of interest = 15% ÷ 2 = 7.5% Time period = 1 × 2 = 2 years Now, amount after 1 year = Rs. 10500 × (107.5/100) ⇒ Rs. 12134.0625 ≈ Rs. 12134 ∴ Amount becomes Rs. 12134 after 1 year if compounded half yearly.
Select the most appropriate option to fill in the blank.
He drove from Mumbai ________ Chennai without stopping to rest.
I.The full moon _______ a watery light on the scene
II.Many firms use relocation as an opportunity to __________ jobs
III. He had...
Choose the appropriate answer.
A ____________ of sadness began to _________ over me,when suddenly I was __________ to hear a voice.
Be it posing for a selfie with the Prime Minister or ____________ his policies and expressing views divergent to the SP’s ideological line, such a...
Select the most appropriate option to fill in the blank.
Prithviraj chauhan fought ________ every kind of aggression.
1) their
2) other
3) there
4) major
5) minor
Fill up the blank with the word that makes the sentence grammatically and contextually correct.
Net neutrality__________rules of the road for...
Temperature control systems have to be stringent to __________ maximum yield.
Choose the appropriate answer.