Question
What is the name of the SBI initiative for collateral-free
digital SME loans for women entrepreneurs?Solution
SBI Asmita is the new collateral-free digital SME loan initiative launched by SBI specifically for women entrepreneurs.
A person 'X' borrowed Rs. 4,000 from a bank on simple interest, which is to be repaid in three equal annual installments. The rat...
A certain amount becomes double in 8 years at r% simple interest. Find the rate of interest.
- A certain amount was deposited at compound interest of x% per annum, compounded annually. It grows to Rs. 6400 in 2 years and Rs. 9216 in 3 years. Determin...
A sum of money will amount to Rs. 250 in 2 year & in 3 year it is to be 350 in compound interest . Find the rate of interest?
If interest is compounded half-yearly, then find the compound interest on Rs. 8,000 at the rate of 20% per annum for 1 year.
- A certain sum doubles in 9 years at certain rate of simple interest. The same sum under the same interest rate will become 4 times of itself in how many ye...
The compound interest on a certain sum for 2 years at 15% p.a. is Rs. 3225. Find the simple interest on the same sum for the same period and at the same...
A sum doubles in 20 years at simple interest. What is the rate of interest?
The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 3000. What will be the total amount received after 2 year...
The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is Rs. 72. Find the simple interest on th...
