Mathematics
Statement 1: Rate of C.I. accrued in 3rd year = Amount of 3 years - Amount of 2 years/Amount in 2 years X 100% Statement 2: Amount at the end of 3 years = Amount at the end of 2nd year + Interest on it. 1. Both the statements are true. 2. Both the statements are false. 3. Statement 1 is true, and statement 2 is false. 4. Statement 1 is false, and statement 2 is true.
Related Questions
Assertion (A): On a certain sum and at a certain rate,
C.I. for 3rd year = Amount of 3rd year - Amount of 2nd year
Reason (R): A in 3 years = Principal + C.I. for 3 years and A in 2 years = Principal + C.I. for 2 years
⇒ A in 3 years - A in 2 years = C.I. for 3rd year
A is true, but R is false.
A is false, but R is true.
Both A and R are true, and R is the correct reason for A.
Both A and R are true, and R is the incorrect reason for A.
Assertion (A): Interest for 5th year = Interest in 5 years - Interest in 4 years
Reason (R): Interest of 5th year = Amount in 5 years - Amount in 4 years
A is true, but R is false.
A is false, but R is true.
Both A and R are true, and R is the correct reason for A.
Both A and R are true, and R is the incorrect reason for A.
What sum will amount to ₹ 6,593.40 in 2 years at C.I., if the rates are 10 percent and 11 percent for the two successive years ?