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Other than a company/body corporate, partnership firm, Hindu Undivided Family (HUF), society or a trust (other than a religious or charitable trust), one may nominate any person including a minor.
Compound interest on a certain sum of money for 2 years is Rs.2860 while the simple interest on the same sum for the same time period is Rs.2600. Find t...
Raju invested a certain sum at 25% p.a. compound interest, compounded annually, and earned an interest of Rs. 2925 in 2 years. Wh...
A sum of ₹50,000 is deposited with an annual simple interest rate of 40%. Calculate the total amount that will be obtained after a period of 42 months.
Same amounts are invested in two schemes with 8% interest for 2 years, one scheme at S.I. and another scheme at CI. If he received Rs. 41875.2 after 2 ...
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...
The simple interest on a certain sum of money for 4 years at 16% per annum is 2/5th of the compound interest on Rs. 6000 for 2 years at 20% p...
Soham invested Rs. 32,000 partly in schemes ‘I’ and ‘J’ for 4 years and 6 years, respectively. Scheme ‘I’ offers simple interest at 18% per ...
A man invests ₹50,000 in two schemes A and B for 1 year. Scheme A offers 12% simple interest and Scheme B offers 10% compound interest, compounded ann...
A certain amount of money at simple interest amounts to ₹1,404 in 2 years and to ₹1,560 in 5 years. What is the rate of simple interest per annum an...
A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest...