Bank Exams Questions

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(300 – 101)/11 = 199/11 = 18 1/11

18 Numbers.

We are not given a value of P in this problem, so either pick a value

for P and stick with that throughout the problem, or just let P = P.

We have that t = 1, and r = .055. To find the effective rate of interest,

first find out how much money we have after one year:

A = Pert

A = Pe(.055)(1)

A = 1.056541P.

Therefore, after 1 year, whatever the principal was, we now have 1.056541P.

Next, find out how much interest was earned, I, by subtracting the initial amount of money from the final amount:

I = A − P

  = 1.056541P − P

  = .056541P.

Finally, to find the effective rate of interest, use the simple interest formula, I = Prt. So,

I = Pr(1) = .056541P

.056541 = r.

Therefore, the effective rate of interest is 5.65%

Parallel construction error in the original statement. A similar form is required on each side of the comparison. " Diligence - brightness ".

K = 100 L = 130
130------ 30
100------- ? => 23 1/13 %

Ratio of length and breadth is 6 : 5
∴ Length = 6x
Breadth = 5x
∴ Area = l x b = 30x2
∴ Perimeter = 2 (l + b) = 2(6x + 5x) =22x
∴ (30*x*x)/(22x)= 60/11
∴ X = 4
∴ Length = 6x = 6 x 4 = 24 units

Michael Faraday invented Electric Generator in 1831.

• The operating principle of electromagnetic generators was discovered in the years of 1831–1832 by Michael Faraday.

• The principle later called Faraday's law, is that an electromotive force is generated in an electrical conductor which encircles a varying magnetic flux.