Question
Sam invested a certain sum in scheme A for 5 years and
in scheme B for 3 years, a sum which was double of that invested in scheme A. Both the schemes offer simple interest at the rate of 8% p.a. The difference between the amounts received from both the schemes was Rs. 12960. How much did Sam invest in scheme A?Solution
Let the sum inveseted by Sam in scheme A is Rs x and sum invested by Sam in scheme B is Rs 2x Now according to the question, {2x + (8 x 3 x 2x)/100} - {x + (8 x 5 x x)/100} = 12960 248x/100 - 140x/100 = 12960 108x/100 = 12960 x = 12000 Hence, Sam invest in scheme A = Rs 12000
A major difficulty in classifying products by type of user is that some products can be considered both consumer and industrial goods. To clarify decisi...
The correct rank order of social media sites from least to most popular as measured by the number of unique U.S. visitors as of September 2011 is
All of the following examples a consumer might have difficulty separating the deliverer of the service from the service itself, except:
A supplier gains power when the product is:
At which step of the planning stage of the strategic marketing process does a firm develop the program's marketing mix?
Franchising is a type of:
The elements that make services unique are the four Is. The four Is are:
Which of the following is a commonly used method of classifying retail outlets?
When Google tried to open an office in China to sell its web services and advertising tools, which was eventually shut down, Google was trying to engage...
A push strategy refers to
Relevant for Exams:
