As stated by RBI the payment banks will only be accepting deposits both current and savings but will not get involved in lending activity.
Kajal invested Rs. (y+2000) on compound interest at the rate of 18% per annum compounded annually in scheme P. She invested Rs. ‘y’ on 20% per annum...
"R" made certain investments with a 40% annual compound interest rate that is compounded quarterly. If, 9 months later, he receives Rs. 1,99,650, then t...
The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same ...
The difference between compound interest and simple interest at rate of 16% per annum for 2 years is Rs. 192. Find the simple interest obtained on same ...
The interest earned on investing Rs. 5000 for 2 years at the rate of 20% p.a., compounded annually, is used to purchase an article. If the article is la...
The interest earned when a sum is invested at simple interest of 16% p.a., for 3 years, is Rs. 2400. What will be the total amount received after 2 year...
If the ratio of the sum invested and simple interest received after 1 year is 25:7 respectively, then find the rate of interest.
A sum of Rs. 3800 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
Rs. 8800 is invested in scheme ‘A’ for a year at simple interest of 20% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in ...
An amount doubles itself on simple interest in 3 years. What is the percent per annum rate of interest?
