The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 12% p.a. for 8 years, then find the simple interest received.
Let the sum invested be Rs. x Therefore, simple interest received = Rs. (x – 500) According to the question, {(x × 12 × 8)/100} = x – 500 => 0.96x = x – 500 => 0.04x = 500 => x = 500/0.04 = 12500 Therefore, simple interest received = x – 50= 12500– 500 = Rs. 12000
Alikhan Smailov has been appointed as the Prime Minister of which country?
What is the significance of the GI tag awarded to Sitar and Tanpura from Miraj, Maharashtra in 2024?
What is the striking range of the Rampage missile recently inducted by the Indian Air Force?
What is the main reason behind the merger of Project Tiger and Project Elephant into the new 'Project Tiger and Elephant Division'?
Petr Pavel has been elected President of which country?
Under which category did the Indian Institute of Spices Research (IISR) win the best technology award?
The famed Gond painting has received the prestigious Geographical Indication (GI) tag. It is a traditional art form of which Indian state?
Prime Minister Narendra Modi inaugurated a 216-ft statue of 11th century saint Ramanujacharya in Hyderabad. The statue is made up of 'panchaloha', a com...
Which movie dominated the 30th Screen Actors Guild (SAG) Awards, winning three major awards?
Which of the following country was not elected for the UN Human Rights Council for the 2022-24 term?