Start learning 50% faster. Sign in now
An amount of Rs. ‘y’ was invested on (R-2)% per annum on simple interest and at the end of 6 years an amount of Rs. 23100 was obtained as an interest.
y x (R-2)% x 6 = 23100
y x (R-2) = 385000
y = 385000/(R-2) Eq.(i)
If the amount was Rs. 7000 more and the rate of interest was ‘R’% per annum on simple interest, then at the end of 4 years an amount of Rs. 22320 was obtained as an interest.
(y+7000) x R% x 4 = 22320
(y+7000) x R = 558000 Eq.(ii)
Put Eq.(i) in Eq.(ii).
[{385000/(R-2)}+7000] x R = 558000
After solving the above equation, R = 9 .
Put the value of ‘R’ in Eq.(i).
y = 385000/(9-2)
= 385000/7
y = 55000
Required compound interest = (y-5000) of (100+R+1)% of (100+R+1)% - (y-5000)
Put the values of ‘y’ and ‘R in the above equation.
= (55000-5000) of (100+9+1)% of (100+9+1)% - (55000-5000)
= 50000 of 110% of 110% - 50000
= 60500 - 50000
= Rs. 10500
……………. in 2010 by ex-NASA scientists, Planet Labs …………….. the ……&hel...
But most of all, that street made him________ of the wonder of books. There were _______ and historic bookstores on the street. But those were not as __...
Select the most appropriate option to fill in the blank.
The opera singer's performance was met with ___________ applause, filling the theatre...
Select the most appropriate option to complete the sentence.
The _____________ of the storm is yet to come.
Select the most appropriate option for each blank.
The coronavirus spreads mostly through droplets that people send ______ when they talk, sneeze...
Select the option that arranges sentences A, B, C and D in a logical sequence.
A. Of this about 60% gets recycled, according to the Uni...
The town ________ both National Hunt racing and Flat racing.
Choose the correct answer to fill the given blank
He _____ me to the party.
Select the most appropriate option to fill in the blank.
Bonsai gardening was first practiced in China but became _____ because of the Japanese.
Jane used volunteering as an ___________ to help her come to terms with her husband’s death.