The Reserve Bank of India (RBI) allows qualified jewelers with a Tariff Rate Quota (TRQ) to make advance payments for up to 11 days to import gold through the India International Bullion Exchange IFSC (IIBX). This is in accordance with the guidelines issued by the RBI on January 31, 2024. The India-UAE free trade agreement, which came into effect in May 2022, offers duty concessions to domestic importers on a specific amount of gold.
Rs. ’P’ invested at a rate of 10% p.a. compound interest (compounded annually) amounts to Rs. 7744 at the end of 2 years. Find the simple interest e...
The simple interest on a certain sum of money at the rate of 7.5% p.a. for 8 years is ₹4,080. At what rate of interest can the same amount of interes...
Nisha deposited Rs. ‘P’ in a bank offering compound interest of 11% p.a. compounded annually. After 2 years, she invested the amount received from t...
A and B started a business with initial investments of Rs. 25000 and Rs. 40000 respectively. After one year, a profit of Rs. 3250 is earned. A being a w...
Rs. 10000 is invested in scheme ‘A’ for a year at simple interest of 29% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in...
A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference betw...
A sum is lent on compound interest for 2 years at 9% p.a. If the compound interest on the sum is Rs.2445.3, find the sum.
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...
The simple interest on a certain sum of money for 4 years at 16% per annum is 2/5th of the compound interest on Rs. 6000 for 2 years at 20% p...
'S' allocated 40% of his monthly income to SIP P, where it accrues a simple interest of 18% p.a. The remaining 60% was directed to SIP Q, with a compoun...
