The Mahila Samman Savings Certificate is a one-time savings scheme for women announced by the government in Budget 2023. The scheme aims to empower women by increasing their participation in investments. It is a government-guaranteed scheme where women can earn a fixed interest of 7.5% with Minimum Deposit is Rs.1,000 and Maximum deposit is Rs.2 lakh. This scheme is available for investment for two years only, starting from April 1, 2023, to March 31, 2025. After this period, you cannot invest in this scheme. It permits 40% withdrawal after one year.
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.
If Vipul invests Rs.’a’ in scheme ‘M’ with a compound interest rate of 20% p.a. for two years, and the total amount received from scheme ‘M’...
A certain sum of money will be doubled in 4 years at the rate of simple interest percent per annum is:
Some amount out of Rs. 12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amou...
A sum of Rs 8400 amounts to Rs 11,046 at 8.75% p.a. simple interest in a certain time. What is the simple interest on the sum of 9600 at the same rate f...
Vaishali invested Rs. (X + 3000) on compound interest of r% p.a. compounded annually for 2 years and Tanushi invested Rs. (X – 2000) on simple interes...
Hemant invested Rs. ‘y’ at the rate of (r+2)% per annum on simple interest and after four years Rs. 27520 was obtained as an interest. If Rs. (y+250...
A car with a price of Rs.6,50,000 is bought by making some down payment. On balance, a simple interest of 10% is charged in lump sum and the money is to...
A sum of 10,500 amounts to 13,825 in 3.8 years at a certain rate percent per annum simple interest. What will be the simple interest on the same sum for...
The difference between simple and compound interest on Rs 2900 at a certain rate in 2 years is Rs 10.44, then what is the annual rate.