The total change in deposits is equal to ID/m if nobody wants to hold currency and banks lend to their limit. If these two assumptions are relaxed, the increase in deposits is lower. So, in general, the increase in total deposits is at most ID/m.
The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 9000. What will be the total amount received after 2 year...
Simple interest on a certain sum at the rate of (50/3)% per annum for three years is Rs. 1250. Find the sum.
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1560 and simple interest of Rs.1500 at the end of 2 year...
Rs. (2x + 400) is invested at a rate of 20% per annum, yielding an interest of Rs. 3200 after 4 years. Calculate the interest earned when Rs. (x + 100) ...
A sum of money doubles itself in 4 years in how many years it will be 5 times?
A principal amount is invested at an annual simple interest rate of R%, growing to Rs. 9,500 over 5 years and Rs. 13,100 over 9 years. Calculate the tot...
When invested at x% p.a. simple interest for 16 years, Rs. 'p' becomes five times its own value. Determine the value of "p" if Rs. (p + 240) invested at...
Some amount out of Rs. 12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amou...
A sum of Rs. 4500 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 ...
Rs. (y-1500) was invested in scheme J on (R-1)% per annum on compound interest. Rs. ‘y’ was invested in scheme K on (R+1)% per annum on simple inter...
