Question
A laptop charger is sold for Rs.2,540 in cash or for a
down payment of Rs.1,340 in cash together with Rs.1,205 to be paid after one month. Find the rate of interest charged in the installment scheme.Solution
The laptop charger costs Rs. 2,540 in cash. The installment option requires a down payment of Rs. 1,340 and a second payment of Rs. 1,205 after one month. The extra amount paid is Rs. 5 (Rs. 1,205 - Rs. 1,200). Simple Interest (SI) = Rs. 5 Principal (P) =2540-1340 = Rs. 1,200 Time (T) = 1/12 years Using the formula SI = PXRXT /100 we get: 5 = (1,200×R×1)/ 12×100 R = 5%
Which of the following glaciers is fed by Rakta-varna, Shwetavarna, Nilambar, Pilapani and Chaturangi glaciers?
The Fundamental Duties in the Constitution of India were adopted from the:
_________is the oldest public-sector bank of India.
Which vitamin is crucial for facilitating calcium absorption in animals?
Which one of the following is an example of non-celluloid fibre ?
Which of the following statement is / are correct about Union Public Service Commission ” ?
I. Article 312 empowers Parli...
According to the Ashokan Inscription which of the following was NOT a provincial centre in Magadha Empire?
Who among the following first argued that in the face of high deficits, people save more?
Under the PM Internship Scheme 2021–24, which group is eligible for stipend and placement?
BharatPe partnered with which GOI body for its mentorship program?
Relevant for Exams:
