Question
The difference of simple interest from two banks on
₹8,000 in 3 years is ₹800. If the rate of interest per annum in two banks are R1 and R2, then what is the value of R1 - R2? (Where R1 > R2)Solution
(8000 × R1 × 3)/100 - (8000 × R2 × 3)/100 = 800 (8000 × 3 )/100 (R1 - R2) = 8000 R1 - R2 = (800 × 100)/(8000 × 3) = 10/3 = 3(1/3)%
More Previous year papers Questions
Which C operator is used to access a value at a memory address stored in a pointer?
- Which network device operates at the Data Link Layer of the OSI model and helps to filter and forward data between LAN segments?
In C++, which access specifier allows members to be accessible only within the class?
- Which of the following is a core feature of Cloud Computing that distinguishes it from traditional computing models?
Which Python keyword is used to handle exceptions?
ch data structure is used in Depth-First Search (DFS)?
Which of the following is a valid C++ constructor?
Which of the following systems is typically designed to support managerial decision-making?
Which of the following is true about C++ destructors?
- Which of the following is the primary benefit of Big Data analytics in decision-making?
Relevant for Exams:
