Question
What was the reason for RBI imposing a ₹5,00,000 fine
on Aadhar Housing Finance?Solution
Aadhar Housing Finance was fined ₹5,00,000 by RBI for charging interest before the actual disbursement of loans, violating the Fair Practices Code.
If Rs. 12,500 is invested at simple interest for 2.5 years and the total amount becomes Rs. 15,625, what is the rate of interest per annum?
- Anita invests Rs. 9,200 at 7% simple interest per annum for 3 years. If the total amount becomes Rs. '2k', then calculate the product of digits of 'k'.
A certain sum of money invested at a rate of 24% p.a. amounts to Rs. 19965 at the end of 15 months if the rate of interest is compounded 5 monthly. Find...
A person invests Rs.15,000 in two different schemes. The first scheme offers simple interest at 10% per annum, and the second scheme offers simple inter...
A man borrowed Rs 300 and promised to pay back in 11 equal instalments of Rs 30 each. Find the rate of simple interest per annum?
Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the prin...
Mandeep took a loan of Rs. 7,300 from his friend Sandeep on 16th March. The loan accrues simple interest at an annual rate of 20%. Calculate the total a...
Rohit invested a sum on compound interest at 'R%' per annum (compounded annually), which amounts to ₹8,000 and ₹11,520 in 2 years and 4 years respec...
Rs. 2,800 increases to Rs. 3,640 in 4 years at a simple interest rate of r% per annum. If Rs. 7,000 is put at 2r% per annum for 1 year, how much interes...
A sum when invested at simple interest of 5% p.a. amounts to Rs. 18,000 after 4 years. If the same sum was invested at simple interest of 12% p.a. for ...
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