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SORR, the Secured Overnight Rupee Rate, is derived from secured money markets, including basket repo and triparty repo (TREP). This benchmark is more transparent and trade-based than the current MIBOR, which relies on polled rates. SORR reflects actual transactions, offering greater accuracy and stability.
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
The interest received by investing Rs. 2900 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple int...
At what % of simple interest per annum will Rs. 600 amount to Rs. 780 in five years?
A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.3045.9, find the sum.
The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
Anjali invested Rs.14000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
Compound interest on a certain sum of money for 2 years is Rs.6800 while the simple interest on the same sum for the same time period is Rs.6400. 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?
Amit invested Rs. 96,000 in two SIPs labeled 'P' and 'Q.' SIP 'P' offers an annual interest rate of (p - 3)%, and SIP 'Q' offers (p + 3)% interest, both...
Vishal invested Rs. 3750 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interes...