Suresh earned an interest of Rs. 1548 on principal amount of Rs. 4800 at some rate of compound interest in 2 years. How much more/less interest would he have earned on Rs. 5400 at the same rate of simple interest for the same duration?
Let, rate of interest be ‘r’% per annum So, 1548 = 4800 × {(1 + r/100)2 – 1} 129/400 = {(1 + r/100)2 – 1} 529/400 = (1 + r/100)2 (23/20)2 = (1 + r/100)2 23/20 = 1 + r/100 3/20 = r/100, r = 15 So, simple interest earned = 5400 × 0.15 × 2 = Rs. 1620 Required amount = 1620 – 1548= Rs. 72
Which number system is used to represent colors in HTML and CSS?
Which hazard can be addressed using techniques like forwarding and bypassing?
In which type of scope do variables declared in a function have priority over variables declared in the surrounding program?
What is the purpose of a symbol table in lexical analysis?
What is the main disadvantage of RAID 10 (RAID 1+0) in a DBMS?
What does the SQL keyword "DISTINCT" do?
What does a proxy firewall do?
What does a "hash" represent in the context of blockchain?
CPU part that adds two numbers.
What is the Java Virtual Machine (JVM)?