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Q:

The compound interest on a sum of money for 2 years is rs.832 and the simple interest on the same sum for the same period is rs.800 .the difference between the compound interest and simple interest for 3 years

A) Rs.48 B) Rs.66.56
C) Rs.98.56 D) None of these
 
Answer & Explanation Answer: C) Rs.98.56

Explanation:

difference in C.I and S.I in 2years =Rs.32

S.I for 1year =Rs.400

S.I for Rs.400 for one year =Rs.32

rate=[100*32)/(400*1)%=8%

difference between in C.I and S.I for 3rd year

=S.I on Rs.832= Rs.(832*8*1)/100=Rs.66.56

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

43 23308
Q:

The difference between simple and compound interest compounded annually on a certain sum of money for 2 years at 4% per annum is re.1. the sum is

A) 625 B) 630
C) 640 D) 650
 
Answer & Explanation Answer: A) 625

Explanation:

sum=Rs.x

C.I=[x(1+4/100)^2-x]=(676/625x-x)=51/625

S.I=(x*4*2)/100=2x/25

x=625

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

15 21531
Q:

The difference between the compound interest and simple interest on an amount of Rs.15000 for two years is Rs.96. what is the rate of interest per annum

A) 8 B) 10
C) 12 D) 13
 
Answer & Explanation Answer: A) 8

Explanation:

[15000 *(1+r/100)^2-15000]-(15000*r*2)/100=96

r=8

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Filed Under: Compound Interest
Exam Prep: Bank Exams
Job Role: Bank PO

2 6159
Q:

What is function prototype in C++?

Answer

A function prototype is a declaration of a function that omits the function body. It specifies the function’s name, argument types and return type.


E.g. int add(int,int)

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Subject: C++
Job Role: Software Architect

0 3135
Q:

What is IGP?

Answer

It is any routing protocol used within an autonomous system.

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Subject: Networking
Job Role: Network Engineer

0 2066
Q:

What is EGP?

Answer

It is the protocol the routers in neighboring autonomous systems use to identify the set of networks that can be reached within or via each autonomous system.

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Subject: Networking
Job Role: Network Engineer

0 2542
Q:

What is autonomous system?

Answer

It is a collection of routers under the control of a single administrative authority and that uses a common Interior Gateway Protocol

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Subject: Networking
Job Role: Network Engineer

1 2260
Q:

What is BGP ?

Answer

It is a protocol used to advertise the set of networks that can be reached with in an autonomous system. BGP enables this information to be shared with the autonomous system. 

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Subject: Networking
Job Role: Network Engineer

0 2449