Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Vedant gained in the transaction?
1st transaction: Principal= Rs. 75,000, R= 3% p.a., T= 2 yrs. Simple Interest = (P x R x T)/100 = (75000 x 3 x 2)/100 :. S I = Rs. 4500 2nd transaction: Principal= Rs. 75,000, R= 5.5% p.a., T= 2 yrs. Simple Interest = (P x R x T)/100 = (75000 x 5.5 x 2)/100 :. S I = Rs. 8250 S I = Rs. 8250 Gain in the transaction = Rs. 8250 - Rs. 4500 = Rs. 3,750
The Ministry of Road Transport & Highways will launch the Bharat New Car Assessment Programme (Bharat NCAP) to improve road safety through raising the s...
Punyakoti Dattu Yojana is associated with?
India’s rank in the 2024 Rule of Law Index by the World Justice Project is:
Recently Union Home Minister and Minister of Cooperation , Shri Amit Shah inaugurates Maa Sharda Devi Temple at which of the following district?
The Prime Minister of India Shri Narendra Modi has inaugurated ‘Indian Urban Housing Conclave 2022’(IUHC2022) a three day event at ______ city?
The World Trade Organisation (WTO) notified that the global merchandise trade volume is expected to grow ________ in 2023 as compared to an earlier esti...
What has been renamed as Nehru Memorial Museum and Library?
Consider the following statements:
I. Satyajit Ray Film Festival is organised by the National Museum of Indian cinema,Mumbai.
II. Satyajit...
Identify the incorrect statements regarding the impact of note ban, GST, and COVID- 19:
1. Economic loss was estimated at 4. 3% of GDP or ₹11. ...
SEBI has announced a centralized mechanism for reporting and verification through the KYC Registration Agency in case of the demise of an investor. ...
