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Pradhan Mantri Mudra Yojana (PMMY) is a government scheme that provides loans up to Rs. 10 lakh to small and microenterprises in the manufacturing, trading, and service sectors. The scheme aims to promote entrepreneurship and support the growth of small businesses.
A man invested Rs. 8,000 at simple interest of 'x%' p.a. and received Rs. 16,000 after 2 years. If he had invested Rs. 24,000 at simple interest of 'x%'...
A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find ...
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 af...
What will be the amount if a sum of Rs. 6500 is placed at compound interest for 3 years while the rate of interest for the first, second and third years...
Scheme A provides an interest rate of R% compounded annually, while Scheme B offers simple interest at the same rate. Anoop has invested Rs. 1200 in bo...
Anita and Rohan each invested a sum of ₹12,000 for 2.5 years at 20% compound interest per annum. However, while for Anita the interest was compounded ...
Sam invested a certain sum in scheme A for 5 years and in scheme B for 3 years, a sum which was double of that invested in scheme A. Both the schemes of...
A certain sum of money invested at 20% per annum for 2 years compounded annually, but if interest would have been compounded half yearly on the same amo...
Rs. 8,000 is invested in scheme ‘A’ offering simple interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is...