In the field of economics, which is fast turning out to be something of an Achilles heel for this government, the criticism is mostly misplaced, and not based on policy but on politics. For instance, there was a huge uproar over rising petroleum prices. Reams were written and hours of airtime spent in informing people of the quantum of taxes levied on petroleum products. Besides the fact that these taxes have been there forever and were not in troduced by this government, it was quite a spectacle to see how the very people who raised hell over the rising prices, switched tack and started clobbering the government for cutting some taxes and indulging in cheap populism to bring down the prices of petroleum. The same trend was visible on the GST issue.
A certain sum on compound interest becomes 56,180 when compounded annually after 2 years and 59,550.80 after 3 years Find the sum.
Rs. ’P’ invested at a rate of 16% p.a. compound interest (compounded annually) amounts to Rs. 9419.2 at the end of 2 years. Find the simple interest...
A certain amount earns simple interest of Rs. 1840 after 5 years. Had the interest been 4% more, how much more interest would it have earned?
Rs. 14000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the i...
Rs.5400 is divided into two parts such that if one part be invested at 6% and the other at 9%, the annual interest from both the investments is Rs. 435....
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...
A man invested certain sum at simple interest of r% p.a. such that it amounts to 140% of itself in 2 years. Find the interest earned when Rs. 3200 is in...
Kajal invested Rs. (y+2000) on compound interest at the rate of 18% per annum compounded annually in scheme P. She invested Rs. ‘y’ on 20% per annum...
Ajay invested Rs.a in SI at 5% rate of interest per annum for 8 years. Vishal invested the same amount in SI at 3% rate of interest per annum for 4 year...
The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 25. ...