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I) For Company A under scheme II, CI =`P(1+(R/100))^T - P ` `= 30000(1+(6/100)^3- 30000 ` `= Rs. 5730.48` II) For Company D under scheme III, SI = PRT/100 =`(30000 xx 3 xx 7)/100 = Rs. 6300` III) For company D under scheme I, CI =`P(1+(R/100))^T - P ` `= 30000(1+(8/100))^3- 30000 ` `= Rs. 7791.36` Hence highest interest is from option III.
Farhan invested a certain amount of money 8 years ago. He put his money at the rate of 5% for the first 2 years, 7% per annum for the next 4 years and ...
Farhan invested a certain amount of money 8 years ago. He put his money at the rate of 5% for the first 2 years, 7% per annum for the next 4 years and ...
Mr. Raman invested Rs. 45,000 with Bank A under the scheme II for 3 years. How much amount he will get on maturity?
The difference between total SI earned on Rs 'P' at 18% p.a. for 3 years and total CI earned on same sum at 20% p.a. for 2 years when compounded annuall...
₹4,300 becomes ₹4,644 in 2 years at simple interest. Find the principle amount that will become ₹10,104 in 5 years at the same rate of interest.
Suppose a man invested Rs.(4000 + 2a) in Mutual Fund 'X' for 2 years and Rs. (3200 + 6a) in scheme 'Y' for 2 years and interest gets from Mutual Fund 'X...
Priyanka wants to invest Rs. 30,000 for 3 years, which of the following options would fetch her the highest amount as interest?
I) Company A unde...
Suppose a man invested an amount in the ratio of 3 : 2 at the rate of (r – 1)% & (2r – 16)% respectively at simple interest. If bigger amount invest...
Praveen earned an interest of Rs. 10,400 by investing a certain sum with bank C under scheme III for two years. How much interest he would have earned h...
The SI unit of acceleration is_________.
