Question
Which bank launched the ‘SME Growth Booster’ initiative
to provide collateral-free loans to small businesses?Solution
ICICI Bank launched the ‘SME Growth Booster’ initiative, offering collateral-free loans to small and medium enterprises (SMEs).
A man invested Rs. 's' in scheme 'G' offering simple interest at 8% for 5 years and Rs. 2,200 in scheme 'H' offering simple interest at 9% for 4 years. ...
A sum of Rs. 'p' is invested at a compound interest rate of 15% per annum, compounded once every 8 months. After 16 months, the t...
A sum of money grows to Rs. 4,900 in 4 years and Rs. 5,600 in 6 years under simple interest. What is the original principal amount?
- Rahul borrowed Rs. 25,000 from City bank at a simple interest of 10% p.a. If he has to repay Rs. 28,750 after ‘p’ months to clear all his debts, find t...
- A businessman invested Rs. 60,000 in two schemes. One scheme offers 9% p.a., and the other offers 14% p.a. If the total interest earned from both schemes a...
- The amount received on a certain sum of money at the rate of interest of 18% per annum simple interest after 8 years is Rs. 12200. What was the principal (...
'P' invested Rs. 2,00,000 at compound interest of ___% p.a., compounded once every 4 months. If he kept the amount invested for 12 months, then interest...
Shivam invested 24000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.26400. What is t...
A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find...
What is the maturity value of Rs.25000 at the end of 2 years at 9.25% Simple Interest?
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