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An independent company named ‘Financial Benchmarks India Pvt. Ltd.(FBIL), jointly floated by the FIMMDA, the FEDAI and the IBA has since been incorporated. The FBIL will act as an independent benchmark administrator and gradually take over the benchmarks currently being disseminated by other agencies.
A person borrowed ₹x at a rate of 10% per annum simple interest. If the total interest paid at the end of 4 years is ₹20,000, what is the principal ...
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...
If Rs. 25,000 is loaned at a compound interest rate of 50% per annum, and the interest is compounded once every year, what will t...
1000 rupees is invested in a scheme p.a. simple interest. Another amount (1000 – x) is invested in scheme B at 2R% p.a. simple interest. After 5 y...
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...
Simple interest earned on an amount of Rs.1500 at rate of R% per annum after 4 years is Rs.240. Find the simple interest earned on an amount of Rs.1800 ...
The difference between the interest received on a certain sum at the rate of 24% p.a. and 20% p.a. respectively at simple interest for two years is Rs. ...
Find the compound Interest on Rs. 8,000 @15 % p.a for 2 years 4 month Compounded annually?
'K' distributed his investments among two distinct funds, Mutual Fund X and Mutual Fund Y, in the respective ratio of 9:8. While Mutual Fund X generates...
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?