Question
Which of the following important words should come in
the definition of Gross Domestic Product (GDP) ?Solution
GDP (Gross Domestic Product) is the monetary value of all the final goods and services produced within the boundaries country for a given time period.
A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find...
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...
A sum of Rs.6,000 is to be paid back in two equal annual instalments; each instalment is to be paid at the end of every year. How much is each instalme...
- The simple interest earned on a certain sum at 12% per annum for 6 years is equal to 2/5 of the compound interest earned on ₹10,000 at 15% per annum, com...
- Meena invests Rs. x in a fund that gives 18% simple interest per year. After 4 years, she earns interest of Rs. ‘1.4x – 800’. What is the value of x?
What will be the compound interest earned after 2 years on a deposit of Rs. 14,000 at an annual interest rate of 30%, compounded annually?
An investment of Rs. 9,600 at an annual interest rate of 'R' percent for three years yields a simple interest of Rs. 5,760. Calculate the compound inter...
- The total amount received on a certain sum of money at the rate of interest of 15% per annum compound interest after 3 years is Rs. 36501. What was the pri...
- Aman saves Rs. 5,800 in a bank at 9% simple interest for 4 years. If he gets back Rs. '2q' in total, calculate the product of digits of 'q'.
If the ratio of the sum invested and simple interest received after 1 year is 25:7 respectively, then find the rate of interest.