Question
What is the name of Indian Overseas Bank’s (IOB)
credit scheme dedicated to organic farming?Solution
IOB has launched “Harit Kranti” , a dedicated credit scheme to support organic farmers as part of its MoU with Amul and Richplus . The scheme provides financial services, technical support, and market access.
If Rs. 35,000 amounts to Rs. 42350 in two years compounded annually, find the rate of interest per annum.
The simple interest received on a sum is 25/36 of the sum. The number of years is equal to the annual rate of interest. What is the annual rate of inte...
Rs. 6,600 is invested in scheme ‘A’ offering simple interest of 13% p.a. and Rs. 2500 in scheme ‘B’ offering simple interest of 4% p.a. What is ...
A and B started a business with initial investments of Rs. 28000 and Rs. 35000 respectively. After one year, a profit of Rs. 10000 is earned. A being a ...
Shivam invested 24000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.26400. What is t...
A certain sum of money becomes 2500 in 6 years and Rs. 3240 in 10 years at any certain rate of simple interest. Find the principal amount.
Rs. 2,250 is the interest earned in 5 years at 9% per annum simple interest. If this amount is invested at 6% per annum for 3 years, what will be the in...
A sum of money, invested for 8 years on 5% per annum simple interest, amounted to ₹287 on maturity.
What was the sun invested in?
A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest...
'P' invests a certain amount at an annual compound interest rate of 15% for two years, earning Rs. 3870 in interest. He then reinvests the total sum she...
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