Question
Suresh placed Rs. 6,000 into an investment plan that
accrues compound interest at an annual rate of 15%, compounded yearly. Calculate 80% of the compound interest earned after two years.Solution
Compound interest received by Suresh = 6000 × {1 + (15/100)}2 – 6000 = 6000 × 1.152 – 6000 = 7935 – 6000 = Rs. 1,935 So, 80% of the compound interest received = 1935 × 0.8 = Rs. 1,548
- I. 3p2 - 11p + 10 = 0 - II. 42q2 + q -1 = 0 
- I. x2 – 39x + 360 = 0 - II. y2 – 36y + 315 = 0 
- I. 3x2 - 14x + 15 = 0 - II. 15y2 - 34 y + 15 = 0 
- Solve the quadratic equations and determine the relation between x and y: - Equation 1: x² - 38x + 352 = 0 - Equation 2: y² - 38y + 312 = 0 
- I. 24x² - 58x + 23 = 0 - II. 20y² + 24y – 65 = 0 
- I). p2 - 26p + 165 = 0 - II). q2 + 8q - 153 = 0 
- I. 99 x² + 31 x – 110 = 0 - II. 6y² - 31y + 35 = 0 
- Solve the quadratic equations and determine the relation between x and y: - Equation 1: x² - 20x + 96 = 0 - Equation 2: y² - 18y + 72 = 0 
- If the roots of the quadratic equation 6m² + 7m + 8 = 0 are α and β, then what is the value of [(1/α) + (1/β)]? 
- Solve the quadratic equations and determine the relation between x and y: - Equation 1: 3x2 + 6√7x - 315 = 0 - E...