Both the employer and the employee will need to contribute 10% of the wages of the employee to the provident fund. The employee may contribute more than 10%, provided that the employer is not obligated to contribute more than 10% of the wages of the employee to the provident fund.
A person took a loan of Rs 1500 from an investor for at 20% p.a. on compound interest for 2 years. But he paid only 80% of amount after 2 years. And inv...
The difference between the compound interest and simple interest on a certain sum for 2 years at 12% per annum is 144. Find the principal amount.
The difference of compound interest on Rs. 800 for 1 year at 20% per annum when interest is being compounded. Half-yearly and quarterly
A person invested ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amoun...
Compound interest on a certain sum of money for 2 years is Rs.2660 while the simple interest on the same sum for the same time period is Rs.2500. Find t...
Digvijay takes a loan of ₹25,000 at an annual compound interest rate of 10%. He repays ₹4,000 at the end of each year. How much should he pay at the...
The compound interest on a sum of ₹ 5,500 at 15% p.a. for 2 years, when the interest is compounded 8 monthly, is:
Rs. (3y + 600) is invested at 40% p.a. compound interest, compounded annually for 2 years, and earns an interest of Rs. (4y - 1200). Determine the value...
What is the difference between the compound interest, when interest is compounded 5-monthly, and the simple interest on a sum of ₹12,000 for 1(1/4) y...
The difference between simple and compound interest on a sum of Rs.1000 at the end of two years is Rs10. Find the total CI on a sum after 3 years is?
