Question
Consider the following statements regarding the One
Station One Product scheme: 1. It is an initiative of the Ministry of Commerce 2. It provides uniquely designed sale outlets for locals to sell indigenous products. 3. It was launched with a vision to promote ‘Vocal for Local’ Which of the statements given above is/are not correct?Solution
After a successful 15-day pilot project the One Station One Product scheme has gained popularity among local artisans and workers It is an initiative by the Indian Railways, under the Ministry of Railways. It was launched with a vision to promote ‘Vocal for Local’. It provides uniquely designed sale outlets for locals to sell indigenous products nationwide.
If the ratio of the sum invested and simple interest received after 1 year is 25:16 respectively, then find the rate of interest.
Suppose a specific amount is invested in a Life insurance policy at a simple interest rate of 15% per annum for 2 years, the interest earned amounts to ...
Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Ve...
The simple interest on Rs. (6p + 300) at 25% p.a. for 2 years is Rs. (2p + 350). Find the ratio (p - 100) :(p + 50)
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?
Rs. 9500 is invested in scheme ‘A’ for a year at simple interest of 50% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in ...
A sum of money lent at 5% rate of simple interest. The difference between interest for 6 years and 4 years is Rs. 2000. Find the principal amount.
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...
A sum of money becomes ₹12,000 in 2 years and ₹14,400 in 4 years at simple interest. What is the rate of interest per annum?
A and B started a business with initial investments of Rs. 30000 and Rs. 40000 respectively. After one year, a profit of Rs. 8000 is earned. A being a w...