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The theory of bounded rationality holds thatan individual's rationality is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.
A person invested ₹15,000 in two schemes, Scheme A offering 10% per annum simple interest, and Scheme B offering 12% per annum simple interest. If the...
A certain sum amounts to ₹13000 after 4 years and to ₹16000 after 8 years at the same rate percent p.a. at simple interest. The simple interest (in ...
The simple interest on a sum of money for 4 years at 8% per annum is ₹1,280. What will be the compound interest on the same sum at the same rate of in...
Alisha had Rs. 7500 with her. She invested 20% of the sum at 7% p.a. and the rest at 13% p.a., both at simple interest for 6 years each. Find the total ...
John invested Rs. (P-4000) and Rs. (P+5000) in scheme A and scheme B respectively. The rate of interest in scheme A and B is (R+1)% and (R-1)% respectiv...
A man invested a certain amount of sum at 10% per annum simple interest and earned an interest of Rs. 3000 after 5 years. If the same amount is i...
A Man deposited certain amount in the Bank at the end of each year. How much amount did he deposited at the end of each year at the rate of 15% simple I...
An amount of Rs. 2400 is placed in SIP 'P' at a 25% per annum simple interest rate for 8 years, and Rs. 2500 is invested in SIP 'Q' with a 20% annual co...
Simple interest earned on an amount of Rs. 1000 at rate of R% per annum after 4 years is Rs. 200. Find the simple interest earned on an amount of Rs. 16...
A certain sum of money is given at a certain rate for 3 years. Had it been given at 5% higher rate; it would have fetched Rs.600 more. Find the sum.
