Question
As per RBI’s new circular, what is the revised ATM cash
withdrawal charge per transaction beyond the free limit starting May 1?Solution
RBI permitted banks to increase the ATM cash withdrawal charges from ₹21 to ₹23 per transaction beyond the free transaction limit, effective May 1, 2025.
A sum is invested at 12% p.a at simple interest for 5 years. The obtained amount is invested for 2 years at 20% compounded annually. The interest obtain...
The interest received on investing Rs. (2p + 400) on simple interest at 15% p.a. for 4 years is Rs. (p + 540). Find the ratio (p + 100) :(p + 500).
Rs. 10000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the i...
A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs...
- Meena invests Rs. x in a fund that gives 18% simple interest per year. After 4 years, she earns interest of Rs. ‘1.4x – 800’. What is the value of x?
Anita and Rohan each invested a sum of ₹12,000 for 2.5 years at 20% compound interest per annum. However, while for Anita the interest was compounded ...
Rs.7800 is divided into two parts such that if one part be invested at 3% and the other at 5%, the annual interest from both the investments is Rs. 320....
If the compound interest on a certain sum of money for two years at 9% p.a. is ₹3,762, then the sum is:
A man deposited Rs. ‘x + 700’ at 12% per annum simple interest and earned Rs. 624 as interest after 2 years. Find the interest earned by him if he d...
Ashish invests an amount of Rs. 'A' into two different SIPs, named 'P' and 'Q', for durations of 3 years and 2 years respectively. The first SIP 'P' yie...
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