Question
Quantity I: A person invests Rs. 10,000 in a bank at an
interest rate of 5% per annum, compounded annually. What is the total amount in the account after 3 years? Quantity II: Another person invests Rs. 12,000 in a different bank at an interest rate of 4% per annum, compounded annually. What is the total amount in that account after 2 years? Two quantities, Quantity I and Quantity II, are provided. Your task is to solve both quantities and determine the correct relationship between them. Choose the appropriate option.Solution
Quantity I: Total amount after 3 years = P(1 + r/100n)^(nt)Â = 10000(1 + 0.05/1)^(1*3)Â = 10000(1.157625)Â = 11576.25. Quantity II: Total amount after 2 years = P(1 + r/100n)^(nt)Â = 12000(1 + 0.04/1)^(1*2)Â = 12000(1.0816)Â = 12979.20. Answer: A (Quantity I < Quantity II)
Whitening of hair is caused by the deficiency of _________.
When was National Cooperative Exports Limited (NCEL) established?
Which technique is employed for DNA detection?
Whooping cough is also called as
Who among the following can terminate the term of the Governor of a state?Â
What reproductive strategy involves parasites exploiting the parental care of other species?
Under the electron microscope, which cell organelle is visible as either clusters or single, small dots that float freely in the cytoplasm?
Heart transplantation is first done by
Which blood type can individuals with the Bombay Blood group (HH) receive transfusions from?
Lymph attacks harmful ________ in the blood.
Relevant for Exams:
