The Act (2 of 1986) came into effect from 13th February, 1986by a notification issued in the Gazette of India: Extraordinary: Part-II [Sec. 3(ii): 13.2.1986).
A man invested Rs. 'r' in scheme 'E' offering simple interest at 14% for 6 years and Rs. 3,000 in scheme 'F' offering simple interest at 10% for 3 years...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1630.5 and simple interest of Rs.1500 at the end of 2 ye...
A sum of money lent at compound interest at the rate of 10% per annum is paid back in three equal instalments of Rs 3,993. Find the sum?
Bittu, Tittu and Mitthu invested Rs. 80000, Rs. 100000 and Rs. 120000 respectively to start a business. Partnership condition is that, each will get int...
Ajay invested Rs.a in SI at 7% rate of interest per annum for 12 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 8 yea...
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
Abhishek allocates Rs.1600 each into two different investment schemes, A and B. Scheme A provides simple interest annually at a rate of (R-2)%, while sc...
A sum is lent on compound interest for 2 years at 9% p.a. If the compound interest on the sum is Rs.2257.2, find the sum.
‘V’ invested Rs. 5400 for (u + 7) months, while ‘W’ invested Rs. 800 more than ‘V’ for (u - 2) months, in a business. If profit received by ...
A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find ...
