ICICI Bank launched the ‘Merchant Stack’ digital platform, a set of digital banking services for retail merchants. The platform enables merchants to meet their banking requirements seamlessly ensuring smooth functioning amid the pandemic. The initiative will allow merchants to avail services without visiting the bank’s branches via InstaBIZ, the bank’s mobile banking application for businesses.
How much time will it take for an amount of Rs.2000 to yield Rs. 640 as interest at 8% p.a. of SI?
Rama and Dipak each invested a sum of ₹8000 for a period of two years at 15% compound interest per annum. However, while for Rama the interest was com...
Compound interest on a certain sum of money for 2 years is Rs.3600 while the simple interest on the same sum for the same time period is Rs.3200. Find t...
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?
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as i...
Rahul invested a certain amount at a simple interest rate of 8% per annum, and after 6 years, it grew to Rs. 1,850. If he had instead invested the same ...
A man, after making the first investment, earned a total interest of Rs. 1,09,200 at the end of 3 years. He invested a certain amount at an annual compo...
The difference between compound interest and simple interest at rate of 12% per annum for 2 years is Rs. 144. Find the simple interest obtained on same ...
The interest earned on investing Rs. 9000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is la...
Atul invested in scheme A and B that provide simple interest at the rate of 12% and 15% for 3 years and 5 years, respectively. Interest received from sc...
