Question
What is the base year for the Quick Estimates of IIP
(Index of Industrial Production)?Solution
The Quick Estimates of IIP for May 2024 are based on the year 2011-12.
Rs. (3y + 600) is invested at 40% p.a. compound interest, compounded annually for 2 years, and earns an interest of Rs. (4y - 1200). Determine the value...
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A sum of money was invested at 10% p.a. compound interest (compounded annually), and it amounted to Rs. 6050 at the end of 2 year...
