Atul invested in scheme A and B that provide simple interest at the rate of 12% and 15% for 3 years and 5 years, respectively. Interest received from scheme A is invested further in Scheme B after three years for two years, and total interest received from Scheme B after 5 years is invested in Scheme C which provides Compound Interest at the rate of 10% for three years. If interest received on invested amount from Scheme A after 2 years is Rs. 3600, and the ratio of the invested in scheme A and scheme B is 3:4. Find the total amount(approx.) received from Scheme C
Amount invested in Scheme A. 3600 = (24P)/100 P = Rs. 15000 Amount invested in Scheme B = (4/3) x 15000 = Rs. 20000 Interest received from scheme B after 5 years at rate of 15% = (20000 x 15 x 5)/100 = Rs. 15000 Interest received from scheme A after 3 years at rate of 12% = (15000 x 12 x 3)/100 = Rs. 5400 Interest received from Schem B after 2 years at rate of 12 % when invested Rs. 5400 = Rs. 1620 Amount Invested in Scheme C compounded at rate of 10% = Rs.15000 + Rs. 1620 = Rs.16620 Amount received after three years from Schem C = RS. 16620 x (1+(10/100))3 = RS. 16620 x (1331/1000) = RS. 22121.22
Which company recently signed a new Memorandum of Understanding (MoU) with NPCI International with the aim to expand the reach of UPI beyond India?
The Life Insurance Corporation of India Act was passed by the Parliament in the year ______.
Which of the following methods is/are used for covering the soil around plants with organic wastes?
1. Staking
2. Mulching
3. P...
Where did Gautam Budha preached his first Sermon in India?
Which of the following has the highest value of resistivity?
Disrespecting of National Flag is a violation of which of the following Fundamental Duties mentioned in the Indian Constitution?
In which of the following processes nutrients or contaminants are carried away by water or moved into the lower layer of the soil?
The Hereileu song is known as the war song of which of the following states?
Who of the following singer popularized the Sambalpuri folk song 'Rangabati Rangabati'?
'Dholavira', a site in Indus Valley Civilization is famous for ____________.