Suppose a specific amount is invested in a Life insurance policy at a simple interest rate of 15% per annum for 2 years, the interest earned amounts to Rs.1,200. However, when the same amount is invested for 2 years at compound interest with a rate of 'a%' per annum, compounded annually, the total amount received after 2 years is Rs.5,760. What is the value of 'a'?
ATQ, Let the sum invested = Rs.‘s’ According to the question, {(s × 2 × 15) ÷ 100} = 1200 Or, s = 1200 ÷ 30 × 100 = 4000 So, 4000 × {(1 + (a/100)}2 = 5760 Or, {(1 + (a/100)}2 = (5760/4000) = 1.44 So, 1 + (a/100) = √1.44 = 1.2 So, a = 0.2 × 100 = 20
In a certain code language, 'ike wsd qax' means 'pledge amount special', 'wsd nhd xcv' means 'pledge greet have' and 'bhg ike kgf, means 'prayer amount ...
In a certain code GONE is written as ‘5@&9’ and SEAL is written as ‘69%*’. How is LOGS written in that code?
What is the code of “Recommendation Ruled”?
Which of the following is coded as ‘cmk psk’?
What is the code for ‘hand’ in the given code language?
What will be the code for ‘Awaited’?
If * means +, @ means -, # means × and $ means ÷, then what is the value of
16 * 40 @ 56 $ 7 # 2.
If all the letters in the word 'COLLECTION' are arranged in English alphabetical order from left to right and then all the vowels are changed to the nex...
In a certain code language, ‘APPLY’ is coded as ‘ZTTPC’ and ‘MOUSE’ is coded as ‘QNTWD’. How will ‘LIGHTS’ be coded as in that langu...
What is the code for “revive tussle response”?