Simple interest formula I = P x R x T where
P is the Principal amount of money to be invested at an Interest Rate R% per period for T Number of Time Periods.
Interests accrued by Saurabh in 2007 from company A = 12000 x 15 x 1/100
Interests accrued by Saurabh in 2007 from company B = 15000 x 14 x 1/100
Total interests accrued by Saurabh in 2007 from company A and company B = ( 12000 x 15 x 1/100 ) + (15000 x 14 x 1/100 )
Total interests accrued by Saurabh in 2007 from company A and company B = ( 120 x 15 ) + (150 x 14 )
Total interests accrued by Saurabh in 2007 from company A and company B = 1800 + 2100
Total interests accrued by Saurabh in 2007 from company A and company B = Rs. 3900
Bank A has given the maximum loan in 2007
Number of students studying in school B in 1994 = 950 + (350 ? 150) + (225 ? 115) + (185 ? 110) + (200 ? 90) = 950 + 200 + 110 + 75 + 110 = 1445.
Expenditure on the game of Football = 15% of total amount spent
Expenditure on the game of Hockey = 15% of total amount spent
Therefore, the ratio of the expenditure on the two game = 1 : 1
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