Question
Under PMKVY, what is the maximum monetary reward a
trainee can receive upon successful certification?Solution
Trainees under PMKVY can receive a monetary reward of up to ₹10,000 upon successful certification, depending on the job role and skill level.
A person borrows ₹80,000 at a rate of 10% per annum compound interest. What is the amount after 3 years?
Neena invested Rs.15000 in a fixed deposit scheme for 2 yrs at CI of 9% p.a. How much will Neena get on maturity of the fixed deposit?Â
A sum of money triples itself in 6 years when invested at a certain rate of compound interest. In how many years will it amount to twenty-seven times it...
The compound interest on a sum of money for 3 years is 7,280. The sum amounts to 17,280 in 3 years. What is the rate of interest compounded annually?
A sum of rupees 5,000 is invested at 15% per annum compound interest for 1.5 years, compounded half-yearly. What will be the final amount?
The compound interest received on investing Rs. 4000 for 2 years at a compound interest of 20% p. a compounded annually is how much percentage more than...
A sum of ₹10,000 is invested at a compound interest rate of 10% per annum. What will be the amount after 2 years if the interest is compounded annually?
A sum of money is invested at a rate of 12% per annum compound interest for 2 years. If the total amount after 2 years is ₹11,520, what is the princip...
Investing Rs. (4z + 400) at 20% p.a. compound interest for 3 years yields an interest of Rs. (5z - 800). Find the value of ‘z’.(Can calculate approx...
