What is the Cash Reserve Ratio (CRR)?
Cash Reserve Ratio (CRR) is the fraction of the deposits that commercial banks must keep with RBI
A man deposited Rs. ‘x + 700’ at 12% per annum simple interest and earned Rs. 624 as interest after 2 years. Find the interest earned by him if he d...
Rs. 7000 is invested in scheme ‘A’ for 2 years and Rs. 5000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 15% ...
Amit invested 'x' on simple interest at 12% for 7 years and (x + 400) on compound interest at 10% p.a for 2 years. At the end of nine years, he will rec...
A man invested a certain amount of sum at 5% per annum simple interest and earned an interest of Rs. 2500 after 5 years. If the same amount is in...
Kajal invested Rs. (y+2000) on compound interest at the rate of 18% per annum compounded annually in scheme P. She invested Rs. ‘y’ on 20% per annum...
The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 25. ...
Veeru invested Rs. 3950 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest...
A table is available for Rs.350 or for Rs. 150 cash down payment together with Rs.230 to be paid after two months. Find the rate of interest charged und...
There is 40% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 16,000 after 3 years at the same rate?
Ashakti invested the same amount of money in two distinct Systematic Investment Plans (SIPs), SIP 'X' and SIP 'Y,' both for a duration of 2 years. SIP '...