Question
What is the new base year for the Wholesale Price Index
(WPI) after the government appointed the working group in December 2024?Solution
The government has set up a working group to revise the base year for the Wholesale Price Index (WPI) from 2011-12 to 2022-23. This revision aims to better reflect the structural changes in the economy.
The simple interest earned on a principal of Rs. 6400 at an annual interest rate of (p + 4)% for 3 years is the same as the simple interest earned on a ...
What annual installment will clear a debt of ₹4,500 due in 5 years at 8% p.a. simple interest?
Rs. (x + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 7 years, respectively. Find the value of 'x'.
Hemant invested Rs. ‘y’ at the rate of (r+2)% per annum on simple interest and after four years Rs. 27520 was obtained as an interest. If Rs. (y+250...
A certain sum when invested at compound interest of 8% p.a. amounts to Rs. 5832 in 2 years. Find the amount received when the same sum is invested at 12...
A sum doubles in 20 years at simple interest. What is the rate of interest?
Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 y...
What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
if the interest is compounded half-yearly, calculate the amount when the principal is Rs.4000, the rate of interest is 22%.solve the question
If ₹15,600 is invested at a simple interest rate of (a + 12)% per annum and doubles in value over 5 years, determine the value ...
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