Let the money invested in Scheme Y = 100a So money invested in Scheme X = 140% of 100a = 140a Total interest earned in first case = 140a x 20% x 3 + 100a x 112% x 112% - 100a = 84a + 25.44a = 109.44a Total interest invested in Scheme Y = (140a x 1.2 x 1.2 x 1.2 – 140a) + 100a x 12% x 2 = 101.92a + 24a = 125.92a According to question, (125.92a – 109.44a) = 8240 So, value of a = 500 Total money invested = (140a + 100a) = Rs. 120000 Hence answer is option B
Which of the following correctly describes the composition of a committee appointed by the appropriate Government under section 8 of the Code on Wages?
Which of the following is correct relating to the licensing of the banking companies?
Which of the following is not a functional area in which SPS deals?
In which of the following case, the Supreme Court of India has held that mere fact that a witness is inimically disposed toward accused person (hostile ...
Interpretation has been taken up from the Latin term________
Any change in the name of the person indicated in the Memorandum of One Person Company as a nominee ________________________
Copies made from original by mechanical process are?
Mark the incorrect answer
Among the following which is public document
The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and...
In Shreya Singhalys Linion of India, the Supreme Court held that: