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To facilitate farmers and traders in providing low interest rate loans, Warehousing Development Regulatory Authority (WDRA) signed a Memorandum of Understanding (MoU) with a Bank of India (BoI). The MoU was signed with the intent of promoting awareness to fund against e-NWRs (electronic Negotiable Warehouse Receipt).The MoU also aims to provide information to depositors of the benefits, besides doing further outreach activities to improve agricultural pledge finance in India.
John invested Rs. (P-4000) and Rs. (P+5000) in scheme A and scheme B respectively. The rate of interest in scheme A and B is (R+1)% and (R-1)% respectiv...
A certain sum of money becomes 4000 in 6 years and Rs. 5000 in 10 years at any certain rate of simple interest. Find the principal amount.
Rs. 'x' is invested in scheme 'A' offering simple interest such that interest earned after 5 years is Rs. 600. If the amount received is further investe...
The simple interest received on a certain sum is Rs. 480 less than the sum invested. If the sum was invested at 12% p.a. for 7 years, then find the simp...
A man invested a certain amount of sum at 11% per annum simple interest and earned an interest of Rs. 2200 after 2 years. If the same amount is i...
If Simple Interest is 12.5% more than the principal and number of years(n), rate(r) are numerically in the ratio 2 : 1, then find the values of n, r.
Abhishek allocates Rs.1600 each into two different investment schemes, A and B. Scheme A provides simple interest annually at a rate of (R-2)%, while sc...
A man invested certain sum at simple interest of r% p.a. such that it amounts to 150% of itself in 5 years. Find the interest earned when Rs. 2200 is in...
A sum of ₹15,000 is divided into two parts. One part is invested at 10% simple interest per annum, and the other part is invested at 15% simple intere...
The difference of S.I and C.I on an amount of Rs. 20000 for 2 years is Rs. 162. What is the rate of interest?
