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To promote domestic battery manufacturing and reduce reliance on imports, the Union Budget 2025-26 increased the customs duty on lithium-ion battery imports from 5% to 10%. This measure aligns with the government’s Make in India initiative and incentivizes local production of energy storage solutions.
A certain sum is invested at a simple interest rate of 10% per annum for a certain period. If the sum becomes five times the principal at the end of the...
The simple interest earned on a certain sum after 6 years at 17% p.a. is Rs. 10,200 more than the simple interest earned on the same sum after 3 years ...
A person deposited Rs. 30,000 in a savings account that earned simple interest at a rate of 'x%' per annum. After 2 years, the total amount in the accou...
A certain amount of money, when invested for 20 years at an annual simple interest rate of x%, generates an interest equal to the principal amount. Fin...
A certain sum of money becomes 7000 in 6 years and Rs. 8240 in 10 years at any certain rate of simple interest. Find the principal amount.
The compound interest on a certain amount for 2 years at 4% per annum is ₹ 1,020, if interest is compounded annually. Find the simple interest on that...
If the ratio of the sum invested and simple interest received after 1 year is 25:6 respectively, then find the rate of interest.
What will be the compound interest earned on an investment of Rs. 20,000 over a period of 3 years at an annual interest rate of 12%, compounded yearly?
Some amount out of Rs. 12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amou...