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Here TT selling rate should be used and exchange margin will be added, since for thebank, it is a sale transaction. Spot rate selling rate = 75.50 Add margin @ 0.15% = 75.61 Gross amount due from customer = 75.61 x 10000 = 756100
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1400 and simple interest of Rs.1250 at the end of 2 year...
A sum of Rs.8 is lent to be returned in 9 months installments of Rs.1 each, interest simple. The rate of interest is: -
Anjali invested Rs.24000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
An amount of Rs. 2,500 invested at a simple interest rate of r% per annum grows to Rs. 4,930 in 6 years. Using the same rate of interest, in how many ye...
A person invests Rs.15,000 in two different schemes. The first scheme offers simple interest at 10% per annum, and the second scheme offers simple inter...
Rs. 28000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 40 less than the i...
A sum of money doubles itself in 5 years at simple interest. In how many years will it become 5 times itself at the same rate of interest?
Find the period when simple interest on Rs.4000 at 6% per annum will be Rs.400.
On what sum will the difference between the simple and compound interest for 3 years at 20% percent per annum amounts to Rs 66.56?
If Simple Interest is 12.5% more than the principal and number of years(n), rate(r) are numerically in the ratio 2 : 1, then find the values of n, r.
