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A lower CRR means banks are required to hold fewer reserves, allowing them to lend more. This increases the money supply and boosts credit creation in the economy.
If the simple interest for 6 years be equal to 60% of the principal. It will be equal to the principal after
Soni gets a SI of Rs. 3360 on a certain principle at the rate of 7%p.a. in 2 years. What CI will she get on twice the principal in 2 years at the same r...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 4 years. If the same amount is investe...
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
A sum of money, when invested at an annual compound interest rate of 'r%', amounts to Rs. 3,600 after 2 years and Rs. 4,320 after 3 years. Determine th...
A sofa of MRP 1500 is available in Rs.300 cash down payment and 9 monthly equal installment of Rs.150 each. Find the rate of interest per annum.
The difference between compound interest and simple interest at the same rate for Rs. 1800 for 2 years is Rs. 18. The rate of interest per annum is:
Pawan invested an equal sum of money in two different SIPs at a bank—one earning 20% compound interest per annum and the other earning 24% simple inte...
Rs.6600 is divided into two parts such that if one part be invested at 4% and the other at 6%, the annual interest from both the investments is Rs. 372....
At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months if the interest is being compounded quarterly? Calcul...
