Login
Register
Menu
About Us
Blog
Questions
Unanswered
Categories
Users
Ask a Question
Videos on Youtube
Contact Us
E
T
B
All categories
Class XI
(319)
Class XII
(228)
CA-CPT
(28)
Quantitative Aptitude
(9)
General
(171)
ali wishes to put some money into a certificate of deposit paying 9% itnerest he wishes to use the interest earned for a year to buy a mobile that costs RS 9000 HOW much should he invest in cetificate of deposit?
asked
Apr 8, 2014
in
Quantitative Aptitude
by
aslam
(
107
points)
87
views
Please
log in
or
register
to answer this question.
1 Answer
0
votes
Let the amount to be invested in certificate be X
So, interest on X @ 9 per annum should be 9000.
Interest = Principal x Rate of inteest x Time
9000 = X x 9/100 x 1
X = 9000 x 100/9
X - Rs.100000
answered
Apr 8, 2014
by
Shekhar
(
54
points)
thanlss for ur corporation its vry help upp ...i appreciate ...
Dear Aslam, it is my pleasure, you are most welcome to ask questions.
Please
log in
or
register
to add a comment.
...