Question
How many new billionaires were created globally in
2024?Solution
The creation of 204 new billionaires in 2024 highlights a dynamic economic environment that favors substantial wealth generation. This statistic indicates an accelerated pace of billionaire creation, reflecting broader economic trends and capital concentration dynamics.
Anita invested Rs. 5400 in scheme 'P,' which offers a 15% per annum simple interest rate, and she invested Rs. 3800 in scheme 'Q,' offering a 25% per an...
The difference between the compound interest compounded annually and simple interest on a sum at 10% p.a. for 2 years is Rs. 210. Find the sum.
At the rate of any compound interest rate, it gets tripled in 4 years, in how many years it will become 729 times its own?
A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total ...
At what annual compound interest rate will a principal amount of Rs. 16,000 grow to Rs. 25,000 in 2 years?
Rs. (n + 500) invested on simple interest amounts to Rs. 4,500 and Rs. 5,100 in 5 years and 6 years, respectively. Find the value of 'n'.
The difference between the compound interest compounded annually and simple interest of a sum at 6% p.a. for 2 years is Rs. 36. Find the sum.
In what time will Rs. 45000, at 4% per annum, produce the same interest at Rs.18000 does in 5 years at 8% simple interest?
On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
Akshay invested Rs. 2100 in two schemes P and Q in the respective ratio of 9:5. Scheme P and Q are offering simple interest at the rate of 8% per annum ...