Question
According to the World Bank, India will see a growth
rate of what % in the year 2016 -17.Solution
The World Bank expects India’s growth to pick up 7.8 percent in the next financial year, projecting it to be the fastest growing economy in the world for the next three years.Â
India is expected to notch near 8 percent growth in the subsequent years as the world economy also picks up pace to 2.9 percent growth in 2016 compared with a modest 2.4 percent in the just concluded year.
A certain sum of money becomes Rs. 1960 in 1 year and 3000 in 3 years at certain rate of simple interest. Find the sum of money invested.
If the ratio of the sum invested and simple interest received after 1 year is 20:9 respectively, then find the rate of interest.
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On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
A vessel contains 120 liters of a mixture of milk and water, with 75% of it being milk. If 30 liters of this mixture is replaced by 30 liters of water, ...
- An amount was invested at a simple interest rate. After 6 years, it amounted to (126/108) times the amount it had reached in 4 years. What is the rate of i...
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