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The disbursal of Pradhan Mantri Mudra Yojana (PMMY) loans increased 23 percent to ₹81,597 crore in the first quarter of FY24, compared to ₹62,650 crore in the same quarter last year. In the last financial year ended March 2023, disbursements of small business loans registered an alltime high at ₹4.50lakh crore, marking a 34.7 percent growth over the previous year’s ₹31lakh crore.
At what annual compound interest rate will a principal amount of Rs. 16,000 grow to Rs. 25,000 in 2 years?
Rs. ’P’ invested at a rate of 15% p.a. compound interest (compounded annually) amounts to Rs. 8464 at the end of 2 years. Find the simple interest e...
A person invested Rs. 7500 at a simple interest rate of 12% per annum, and also invested Rs. 8000 at a compound interest rate of 15% per annum, compound...
At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
Akshay invested Rs. 2100 in two schemes P and Q in the respective ratio of 9:5. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
Calculate the value of 'a' if 'P' initially had Rs. 'a' and invested 45% of this amount in a PF A with a simple interest rate of 35% per annum and the r...
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
A total of Rs. 14,500 is divided between two individuals, 'A' and 'B', in the proportion 16:13. If 'B' decides to invest his share in a financial scheme...
