Education is one of the priority sectors identified by the RBI. Under the Priority Sector Lending guidelines, loans upto Rs 10 lakhs to the individuals for educations purposes including the vocational courses to study in India and upto Rs 20 lakhs for studying abroad are identified under the priority sector by the Reserve Bank of India.
Ayush invested a certain amount at a compound interest rate of 20% per annum, compounded annually, for 2 years and earned Rs. 2,3...
If the ratio of the sum invested and simple interest received after 1 year is 25:7 respectively, then find the rate of interest.
Rahul placed Rs. 40,000 between two investment options, ‘E’ and ‘F’, for 6 years and 3 years, respectively. Option ‘E’ accrues simple intere...
A certain sum of money becomes 5000 in 6 years and Rs. 6240 in 10 years at any certain rate of simple interest. Find the principal amount.
Scheme A provides an interest rate of R% compounded annually, while Scheme B offers simple interest at the same rate. Anoop has invested Rs. 1200 in bo...
Rohan deposited Rs. ‘Y’ in a bank offering compound interest of 10% p.a. compounded annually. After 3 years, he invested the amount received from th...
A principal of Rs. 'x' is invested at an annual compound interest rate of 30%, compounded yearly, and grows to Rs. 2535 after 2 years. Calculate the sim...
The difference between the interest received on a certain sum at the rate of 32% p.a. and 28% p.a. respectively at simple interest for two years is Rs. ...
The interest received by investing Rs. 2000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple int...
Roshan and Rahul received marks in their quarterly exam in a ratio of 9:8. Additionally, the ratio of marks Roshan obtained in the quarterly exam to the...
