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NBFCs provide a range of financial services to their clients. Types of services under Non-Banking Financial services include the following : Hire purchase services Leasing services Housing finance services Asset management services Venture capital services Mutual benefit finance services (Nidhi) banks.
A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find ...
A man, after making the first investment, earned a total interest of Rs. 1,09,200 at the end of 3 years. He invested a certain amount at an annual compo...
A sum of Rs. 3800 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 3500 and Rs...
The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
A sum of money lent at compound interest at the rate of 10% per annum is paid back in three equal instalments of Rs 3,993. Find the sum?
Shivam invested 20000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.23200. What is t...
John invested Rs. (P-4000) and Rs. (P+5000) in scheme A and scheme B respectively. The rate of interest in scheme A and B is (R+1)% and (R-1)% respectiv...