Start learning 50% faster. Sign in now
ATQ, Let the sum invested in two schemes be Rs. 'P'. Let the rate of interest be 'r%', per annum. We know that, simple interest received at the end of each year of investment is equal. Simple interest received at the end of first year = Simple interest received at the end of second year = (2000/2) = Rs. 1000 Also, simple interest and compound interest received at the end of first year are equal. So, simple interest received at the end of first year = Compound interest received at the end of first year = Rs. 1000 Compound interest received in the second year = 2200 - 1000 = Rs. 1200 So, we can say that a sum of Rs. 1000 amounts to Rs. 1200 at the end of a year at the given rate of interest. Compound interest received for 1 year = Simple interest received for 1 year Simple interest = Principal X (Rate/100) X Time 1000 X (r/100) X 1 = 1200 - 1000 So, r = 200 X (5/20) = 10 Therefore, rate of interest = r = 20%
Mango is a sweet and juicy fruit with a distinctive flavor and aroma, and is rich in vitamins, minerals, and antioxidants. The temperature at which chi...
Pregnant cows, buffaloes should receive __Kg./day extra concentrate allowance during advance pregnancy to meet extra need of nutrients f...
Which of the following Nitrogen Fertilizer is partly soluble?
Which of the following is not an example of Manganese deficiency?
Hedging is the main feature of:
Deep burial of crop residue helps in controlling diseases by the following ways except
Match the following:
Organization                       Location
I. IIFSRÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â...
Small pelagic fish which are preyed on by larger predators for food is known as
AMI scheme is a demand driven with back ended credit linked subsidy scheme in which rate of subsidy provided is ___ and ___ based on the category of eli...
_________ is an internet-based interface/platform that will provide direct and effective solutions to the problems faced by farmers and stakeholders in ...