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The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).It is India’s first Exchange to offer commodity options contracts, bullion index futures and base metals index futures contracts.
At what annual compound interest rate will a principal amount of Rs. 16,000 grow to Rs. 25,000 in 2 years?
Rs. ’P’ invested at a rate of 15% p.a. compound interest (compounded annually) amounts to Rs. 8464 at the end of 2 years. Find the simple interest e...
A person invested Rs. 7500 at a simple interest rate of 12% per annum, and also invested Rs. 8000 at a compound interest rate of 15% per annum, compound...
At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
Akshay invested Rs. 2100 in two schemes P and Q in the respective ratio of 9:5. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
Calculate the value of 'a' if 'P' initially had Rs. 'a' and invested 45% of this amount in a PF A with a simple interest rate of 35% per annum and the r...
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
A total of Rs. 14,500 is divided between two individuals, 'A' and 'B', in the proportion 16:13. If 'B' decides to invest his share in a financial scheme...
