Question
If a person invests ₹50,000 in a scheme offering a
compound interest of 5% per annum, calculate the total amount he will have after 3 years. Assume the interest is compounded annually.Solution
Amount = P(1 + r/n)^(nt). Where P = principal amount = ₹50,000, r = rate = 0.05, n = number of times interest applied per time period = 1, t = number of years = 3. Amount = 50000(1 + 0.05/1)^(1*3) = 50000(1.05)^3 = 50000 * 1.157625 = ₹57,881.25 (approx). Correct answer: A) ₹57,881
Choose the correct spelling from the options given.
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
Further discussion seems superfluous , given t... 1) He makes
2) vague illusions to
3) Lady Diana
4) being his cousin.
5) No error
In each sentence below, four words are given in bold. One of them may be incorrectly spelt. Identify the incorrectly spelt word. If all are correct, ch...
Choose the antonym of the bold word.
The soldier showed remarkable courage.
Flower : Bud :: Plant : ?
The highest point
Choose the one which best expresses the meaning of the given word .
Precarious
An abnormal desire to steal
Select the correctly spelt word.