Question
What do we call the banks which provide capital to the
firms in the form of shares and engage in underwriting of stocks?Solution
Merchant Banks are those banks which provide capital to the firms in the form of shares and engage in underwriting of stocks etc.
A and B started a business with initial investments of Rs. 25000 and Rs. 40000 respectively. After one year, a profit of Rs. 3250 is earned. A being a w...
Compound interest on a certain sum of money for 2 years is Rs.2600 while the simple interest on the same sum for the same time period is Rs.2500. Find t...
Simple interest earned at the end of 3 years on a sum of Rs. 5,400 is Rs. 2,025. If Rs. 4,000 is invested at same rate of simple interest for the same t...
A company declared 20% discount for wholesale buyers on an item. A wholesaler bought the item from the company for ₹400 after getting a discount. He f...
Sohan gave Rs. 5000 to Ramesh on simple interest at 12% per annum. After 3 years, he invested the total money received from Ramesh in a plan giving comp...
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as i...
- An amount was invested at a simple interest rate. After 6 years, it amounted to (126/108) times the amount it had reached in 4 years. What is the rate of i...
A borrowed Rs. 5200 from B for his business. How much amount A will return to B at the end of 15 months such that the sum was borrowed at simple interes...
If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
After how many years, Rs. 4400 will become 5324 at the rate of 10% p.a., compounded annually?