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Section 80EEB allows a deduction of up to Rs. 1.5 lakh on the interest paid on loan taken by an individual for the purchase of an electric vehicle. The deduction is available for the assessment year beginning on the 1st day of April, 2020 and subsequent assessment years.
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 ...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 3500 and Rs...
Priya had Rs. 3000 with her. She invested Rs. ‘y’ at 15% p.a. simple interest for 4 years and the remaining sum at 40% p.a. compound interest, compo...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1200 and Rs...
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 4 years and 6 years ?
Ashish invests an amount of Rs. 'A' into two different SIPs, named 'P' and 'Q', for durations of 3 years and 2 years respectively. The first SIP 'P' yie...
1120 becomes 1792 at a certain rate of simple interest in 10 years. If the rate of interest would be 4 % less, then find the amount at the end of 12.5 y...
Person K invested Rs. 4500 at a compound interest rate of 20% per annum (compounded annually) for 2 years, while person P investe...
The interest earned when a sum is invested at simple interest of 12% p.a., for 3 years, is Rs. 4500. What will be the total amount received after 2 year...
What will be the differnce between SI & CI on Rs. 5000 for 3 years at rate of 20% per annum ?
