Question
Net Interest Margin is a key profitability metric for
banks. How is it best described?Solution
The difference between the interest earned (on loans given by bank and on investments) and the interest paid (on deposits and borrowings) is the net interest income of the bank.
A sum of money amounts to Rs. 5,320 in 4 years at simple interest at 8% per annum. What is the principal?
The simple interest on a sum for 2 years at 10% per annum is Rs 4,000. Find the difference between the compound interest and the simple interest on the ...
Rs. 2,800 increases to Rs. 3,640 in 4 years at a simple interest rate of r% per annum. If Rs. 7,000 is put at 2r% per annum for 1 year, how much interes...
- Vishal invests a sum of money at an annual compound interest rate of 6%. Over a period of 5 years, the interest accumulated amounts to Rs. 900. If he incre...
A sum of money amounts to Rs. 5600 in 5 years at 8% simple interest per annum. Find the principal and the interest earned.
Mohan invests ₹8,000 each in two different schemes, 'A' and 'B', for a duration of 2 years. Scheme 'A' provides compound interest at an annual rate of...
If ₹15,600 is invested at a simple interest rate of (a + 12)% per annum and doubles in value over 5 years, determine the value ...
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 ...
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...
Find the total amount received on investing Rs. 12,000 for 2 years at compound interest of 10% p.a., compounded annually.