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The SCO is the successor to the Shanghai Five, formed in 1996 between the People's Republic of China, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. In June 2001, the leaders of these nations and Uzbekistan met in Shanghai to announce a new organization with deeper political and economic cooperation.
The certain sum amounts to Rs 9,982.50 in 2(1/2) years at 12% p.a., interest compounded 10-monthly. The sum (in Rs) is:
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
A sum of money amounts to Rs.767 in 3 years, and to Rs.806 in 4 years on simple interest at 6% annum. What is the sum?
A sofa of MRP 450 is available in Rs.90 cash down payment and 9 monthly equal installment of Rs.45 each. Find the rate of interest per annum.