Interest from the first scheme: Simple Interest = P × R × T / 100 = 25,000 × 12 × 3 / 100 = ₹9,000 Total interest earned = ₹13,500 Interest from the second scheme = ₹13,500 - ₹9,000 = ₹4,500 Let the principal in the second scheme be P. Simple Interest = P × 15 × 5 / 100 = P × 75 / 100 = 3P / 4 3P / 4 = 4,500 P = 4,500 × 4 / 3 P = ₹6,000 Thus, the principal invested in the second scheme is ₹6,000.
What is the value of the money multiplier when initial deposits are ₹ 500 crores and LRR is 10 %.
India’s first ‘National Investment and Manufacturing Zone’ was set up in?
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The Income calculated by taking revenues and subtracting the costs of doing business such as depreciation, interest, taxes and other expenses is known as:
The concept which tries to ascertain the actual deficit in the revenue account after adjusting for expenditure of capital nature is termed as;
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UN WTO is headquartered at ___________________.
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Who has been appointed as the head coach of the Nepal National Cricket Team?
