Day: April 5, 2023

CUET UG NTA 2023 Registration, Application Form, Date, Eligibility

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CUET UG NTA 2023 Registration, Application Form, Date, Eligibility: Conduct of the Common University Entrance Test [CUET (UG) – 2023] forAdmission to Undergraduate Programmes into Central Universities and other participating Universities / Institutions / Organizations / Autonomous Colleges. CUET UG NTA 2023 Notification NAME OF THE EXAM Common University Entrance Test (CUET) COURSE Under Graduate … Read more

A person borrows Rs 20000 at the rate of 6 percent per annum on simple interest for 3 years. He immediately lends it to another person at the rate of 8.5% percent per annum on simple interest for 3 years. what is the value of gain per year?

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OPTIONS A) Rs 200 B) Rs 800 C) Rs 500 D) Rs 1500 Amount 20000Interest 6 %duration 3 yearsFormula PTR/100 on substitution 20000X6X3/100 answer 3600 Amount 20000Interest 8.5%duration 3 yearsFormula PTR/100 on substitution 20000X8.5X3/100 answer = 5100 3600 5100 difference between this is profit= 5100-3600 = 1500 1500 profit for 3 years, then 500 per … Read more