What is the Loan to Value (LTV) ratio prescribed for Urban Co-operative Banks lending against gold jewellery?
Advances against pledge of Gold / Silver Ornaments Banks should maintain a Loan to Value (LTV) ratio of 75% on the outstanding amount of loan including the interest on an ongoing basis, failing which the loan will be treated as Non-Performing Asset (NPA).
Compound interest on a certain sum of money for 2 years is Rs.5160 while the simple interest on the same sum for the same time period is Rs.4800. Find t...
Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 27...
Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the i...
Suresh earned an interest of Rs. 1161 on principal amount of Rs. 3600 at some rate of compound interest in 2 years. How much more/less interest would he...
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. 1200 and Rs...
An investment of Rs. 8,430 is made in a Mutual Fund, offering a 10% per annum simple interest rate for 'p' years, while another investment of Rs. 8,800 ...
Akshay invested Rs. 1650 in two schemes P and Q in the respective ratio of 7:4. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
A sum of money will amount to Rs. 640 in 2 year & in 3 year it is to be 720 in compound interest . Find the rate of interest?
A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.3045.9, find the sum.
