Students of the Indian Institute of Technology (IIT) Indore have won the gold medal at the World Government Summit in Dubai. Along with this, AED 1 million has also been granted to them. Niyati Totala and Neel Kalpeshkumar Parikh of IIT Indore were bestowed with prestigious medals by Egyptian President Abdel Fattah el-Sisi. These students developed the blockchain-based receipt generation app ‘Block Bill’. Annual awards such as the “M-Gov Award” and “GovTech Award” by the Government of UAE are a part of the World Government Summit.
A person invested ₹15,000 at a simple interest rate of 20% per annum. Had the amount been invested at a compound interest rate of 20% per annum, compo...
Compound interest on a certain sum of money for 2 years is Rs.5160 while the simple interest on the same sum for the same time period is Rs.4800. Find t...
Simple interest earned on an amount of Rs.1600 at rate of R% per annum after 3 years is Rs.336. Find the simple interest earned on an amount of Rs.1500 ...
A took a loan of Rs.6980 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
A man invested ₹40,000 in two schemes A and B offering simple interest at the rate of 8% per annum and 10% per annum respectively. If the total intere...
Vikram had Rs. 9500 with him. He invested 35% of the sum at 11% p.a. and the rest at 16% p.a., both at simple interest for 4 years each. Find the total ...
A certain amount earns simple interest of Rs. 1480 after 3 years. Had the interest been 5% more, how much more interest would it have earned?
Anita and Rohan each invested a sum of ₹12,000 for 2.5 years at 20% compound interest per annum. However, while for Anita the interest was compounded ...
A man invests 40% of a certain amount at a simple interest rate of 17% per annum, 60% of the remaining amount at a simple interest rate of 20% per annum...
The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is: