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REC Limited, a Maharatna CPSE under the Ministry of Power, received a ‘No Objection Certificate’ from the RBI on May 3, 2024, to establish a wholly owned subsidiary in the International Financial Services Centre (IFSC), Gujarat International Finance TecCity (GIFT), Gandhinagar, Gujarat.
At what % of simple interest per annum will Rs. 500 amount to Rs. 610 in five years?
What will be the differnce between SI & CI on Rs. 5000 for 3 years at rate of 20% per annum ?
Compound interest received after 2 years on ₹7000 at R% rate of interest compounded annually is ₹1164.8. Find the value of R.