The government has extended the deadline for loan disbursement or project completion of ethanol production facilities by six months to September 30,2023. The previous timeline for loan disbursement under the schemes on ethanol projects was March 31, 2023. Under the Ethanol Blended with Petrol (EBP) programme, the Centre is extending financial assistance by way of interest subvention at 6 per cent a annum or 50 per cent of the rate of interest charged by banks, whichever is lower, on the loans to be extended by banks for five years, including a one-year moratorium.
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The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be
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The certain sum amounts to Rs 12644.5 in 2(1/2) years at 12% p.a., interest compounded 10 months. The sum (in Rs) is:
Atul has Rs.350 with him. He invested 20% of the amount at 5% p.a. for 8 years and rest at 10% p.a. for 5 years. Find the sum of simple interests receiv...
If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
A man deposited Rs. ‘x + 800’ at 12% per annum simple interest and earned Rs. 540 as interest after 2 years. Find the interest earned by him if he d...
Akshay invested Rs. 1050 in two schemes P and Q in the respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
A deposited Rs. 3500 at 35% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 10% simple interest per ann...
A man deposited Rs. ‘x + 700’ at 12% per annum simple interest and earned Rs. 624 as interest after 2 years. Find the interest earned by him if he d...
