A woman lent Rs. 29500 at 13% p.a. compound interest, compounded annually for two years. After two years, the total amount earned by the woman is again lent for 2 years at 19% p.a. simple interest. What is the total interest earned by the woman in 4 years?
ATQ, Amount earned by the person in 2 years = 29500 × (1.13)² = Rs. 37616.85 Compound interest earned by the woman = 37616.85 – 29500 = Rs. 8116.85 Simple interest earned by the woman = (37616.85 × 19 × 2)/100 = Rs. 14254.41 Total interest earned = 8116.85 + 14254.41 = Rs. 22371.26
The Tata Aircraft Complex in Vadodara, Gujarat, is India's first private Final Assembly Line (FAL) for which type of aircraft?
What was the growth rate of India's gross tax revenue for the 1st Quarter of 2023 (April to July) compared to the same period in the previous year, acco...
Which award did ProPublica win in the 2024 Pulitzer Prizes for Journalism?
What is the primary objective of the Jammu and Kashmir Special Scholarship Scheme 2023 launched by the Indian Army as part of Operation Sadbhavana?
Consider the following statements about Garba dance:
1. Recently, Garba has been inscribed in the Representative List of Intangible Cultural Heri...
Consider the following statements regarding the Bonn Climate Change Conference:
1. The conference focused on preparing for the 29th C...
The government has launched the Vivad se Vishwas-2 scheme for settling contractual disputes involving the government and government undertakings. Under ...
The PM Matsya Sampada Yojana sub-scheme aims to enable activities of:
The Reserve Bank of India (RBI) approved the re-appointment of _________ as the Managing Director & CEO of Axis Bank for a period of three years.
What is the primary purpose of the Insurance Regulatory and Development Authority of India (IRDAI) approving the reduction of interest rates for revival...
