ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
the time has to be in ____
A
years
B
months
C
days
D
seconds
Explanation: 

Detailed explanation-1: -For this calendar, a common year is 365 days (8760 hours, 525600 minutes or 31536000 seconds), and a leap year is 366 days (8784 hours, 527040 minutes or 31622400 seconds).

Detailed explanation-2: -We measure time in seconds, minutes, hours, days, weeks, months and years with clocks and calendars. A day has 24 hours. We use A.M. to tell the time running from midnight to noon and P.M. for the time running from noon to midnight.

Detailed explanation-3: -Time is a measure of non-stop, consistent change in our surroundings, usually from a specific viewpoint. While the concept of time is self-evident and intuitive – the steady passing of events before our eyes; the orbit of the Moon around our planet – describing its fundamental nature is much harder.

Detailed explanation-4: -The general time formula for any task is given as [Time = Distance ÷ Speed]. SI unit of time is seconds (s).

There is 1 question to complete.