Question
Power Finance Corporation (PFC) secured the largest-ever
foreign currency term loan of USD 1.265 billion in 2024. What was the primary purpose of this loan?Solution
PFC secured the loan to finance assets other than thermal generation projects, supporting India’s decarbonization goals.
Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rate...
The interest earned on investing Rs. 7000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is la...
Rs. 5,200 is split into two parts. One part is invested at a simple interest rate of 12% per annum, while the other part is invested at a compound inter...
A borrows Rs 7000 from B at 10% p.a compound interest compounded annually. At the end of every year he pays Rs 2200 and at the end of 3rd years he pays ...
The difference between compound and simple interest on a sum of money for 2 years at 20% per annum is Rs. 987. The sum is:
A certain sum of money amounts to Rs 1331 in 3 years at 10 percent compounded annually. Find the value of (CI-SI)?
A sum of money doubles itself in 5 years at simple interest. In how many years will it become 5 times itself at the same rate of interest?
Ajay invested Rs.24,000 in Fund 'P' for a duration of 4 years, where it earns simple interest at a rate of 22.5% per annum. The amount obtained from Fun...
Mandeep took a loan of Rs. 7,300 from his friend Sandeep on 16th March. The loan accrues simple interest at an annual rate of 20%. Calculate the total a...
The simple interest received after 5 years on Rs. (x + 500) at the rate of 20% p.a. is Rs. (2x – 1500). The amount received on Rs. 3x when investe...
