Question
When is ‘World Savings Day’
observed?Solution
World Savings Day also known as World Thrift Day is celebrated across the world every year on October 31. It is observed in the world to promote saving money and furthering financial literacy.
Rs. (2x + 400) is invested at a rate of 20% per annum, yielding an interest of Rs. 3200 after 4 years. Calculate the interest earned when Rs. (x + 100) ...
A took loan from a bank at the rate of 12%p.a. simple interest. After 5 years he had to pay Rs.7200 interest only for the period. The principal amount b...
Arjun borrowed Rs. 5000 at R% S.I. and Rs. 6000 at (R + 5)% S.I. for 2 years. The total interest paid was Rs. 2800. Find the rate at which he borrowed R...
On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as intere...
If the difference of C.I and S.I on some amount is Rs.17 and the sum of the C.I and S.I is 75. Find the product of the C.I and S.I?
A deposited Rs. 3500 at 35% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 10% simple interest per ann...
- Akhil borrowed ₹6500 at a simple interest rate of 27% per annum for 8 years. After 8 years, he added ₹X to the total amount (principal + interest) and ...
- Hitesh divided Rs. 20,100 into two portions. He invested the first portion at 6% simple interest per annum for 5 years, and the second portion at 20% simpl...
The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 72. Find the simple interest on th...
Find the period when simple interest on Rs.4000 at 6% per annum will be Rs.400.
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