R

Ramakant wants to earn Rs. 1500 interest on his deposits. He plans to buy a sack of grains with the interest. He puts Rs. 5,000 into his account that earns 2.5% interest. How long will he need to leave his money in the account to earn this interest that would help him buy the sack of grains ?

August 18, 2021

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August 18, 2021

1 Min Read

0 823

Answer : C . 12 years

Simple Interest

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R

Rs.5887 is divided between Shyam and Ram, such that Shyam’s share at the end of 9 years is equal to Ram’s share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam ?

August 17, 2021

1 Min Read

0 96

August 17, 2021

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0 96

Answer : C. 3087…

Compound Interest

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