Question
Letter of credit is opened at the request of whom among
the following?Solution
Applicant requests for opening up a Letter of credit.
A sum of ₹10,000 is invested in two parts: one part at 12% per annum simple interest and the other part at 8% per annum simple interest. After 3 years...
Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the prin...
Anjali invested Rs.12000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
Rs.13000 was invested for 2 years in scheme A which offers compound interest at 10% per annum. What approximate interest earned on investing the amount ...
A certain sum amounts to ₹13200 after 4 years and to ₹16400 after 8 years at the same rate percent p.a. at simple interest. The simple interest (in ...
If Rs. 12,500 is invested at simple interest for 2.5 years and the total amount becomes Rs. 15,625, what is the rate of interest per annum?
Simple interest received at the rate of 10% p.a. for 8 years on a principal amount of Rs. 4500 is twice of the simple interest received at 10% p.a. for ...
A sum of money grows to Rs 9,600 in 2 years when invested at a simple interest rate of 10% per annum. If the same sum of money is invested at the same i...
If the ratio of the sum invested and simple interest received after 1 year is 20:9 respectively, then find the rate of interest.
A sum of money, when invested at an annual compound interest rate of 'r%', amounts to Rs. 3,600 after 2 years and Rs. 4,320 after 3 years. Determine th...
