Question
'P' allocated different portions of his savings,
totaling Rs. 100,000, to three banks. The first portion was invested in Axis Bank at a simple interest rate of 8% per annum, the second portion in State Bank at a simple interest rate of 12% per annum, and the remaining portion in PNB Bank at a compound interest rate of 10% per annum, compounded annually. After 2 years, the interests earned from Axis, State, and PNB banks are in the ratio 16:16:35. Determine the amount invested by 'P' in PNB Bank.Solution
ATQ, Let, the amount invested by "P"in banks ‘Axis’, ‘State’ and ‘Pnb’ be Rs.'a', Rs.'s' and Rs.'p' respectively. Now, (a × 8 × 2/100):(s × 12 × 2/100):{p(11/10)2- p} = 16:16:35 Or, 16a:24s:21p = 16:16:35 Or, a:s:p = 3:2:5 Amount invested by him in PNB bank = (5/10) × 100000 = Rs.50000
A statement is given followed by two assumptions numbered I and II. You have to assume everything in the statement to be true and decide which of the gi...
Even a limited strike by the U.S. to diminish North Korea’s missile capabilities, as advised by some strategists in Washington, could instantly tu...
Statement: The state government would set up 15 integrated solid waste management clusters to deal with solid waste in urban areas in the state.
Statement: The Kabini Backwaters, a paradise for elephants in scorching summer, is a let-down for wildlife this year owing to extreme drought.
Consider the following statements:
Assertion (A): Alcohol, instead of mercury, is used in thermometers to measure temperatures up to 60°C.
<...Statement:
During Navarathri celebrations, the Kannika Parameshwari temple on Vysial Street has a rather unique practice. It is not the priests...
Statement: The Ministry of Civil Aviation has proposed amendments to the Civil Aviation Requirements to establish a National No-Fly List and quantify ...
Read the passage and choose the option that best captures its central idea:
A philosopher once said, “Do not be angry with the rain; it simpl...
One of the requirements for admission to the Alpha Basketball Club is a high degree of skill in basketball. The club trustee has expressed concern that ...
The passage given below is followed by three statements. Choose the one that can be the correct assumption on which the passage is based. Â
How...
