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As per the Economic Survey 2023-24, India's real GDP in FY24 was 20 percent higher than its level in FY20, highlighting the country's significant economic recovery and growth.
Rahul placed Rs. 40,000 between two investment options, ‘E’ and ‘F’, for 6 years and 3 years, respectively. Option ‘E’ accrues simple intere...
Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the i...
An individual invested an amount of money in a financial scheme that accrues compound interest at an annual rate of 30%, compounded yearly. After 2 year...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 3500 and Rs...
A man buys a car for ₹800,000. He sells it after 3 years at a loss of 15%. If he invests the selling amount in a fixed deposit at an interest rate (si...
A person borrows Rs 400 at 5% compound interest per annum. If he returns Rs 200 after one year, then how many more rupees will he have to pay at the end...
The difference between the simple interest for two years and the compound interest for one year on a sum of money is Rs.273. In which compound interest ...
R' invested some money at a compound interest rate of 40% p.a., compounded quarterly. If after 9 months, he received an amount of Rs. 1,99,650, then the...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 15% p.a. for 2 years, is Rs. 90. If ...
If the simple interest for 5 years is equal to 20% of the principal, then the interest will be equal to the principal after ________ years.
