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Higher savings can lead to increased investment as savings provide the funds needed for capital formation. This, in turn, can drive economic growth by financing new projects and infrastructure.
Dinesh invested Rs. (P-500) at the rate of 27% per annum on simple interest and at the end of three years, he got Rs. 4860 as an interest. Pankaj invest...
Rs.13000 was invested for 2 years in scheme A which offers compound interest at 10% per annum. What approximate interest earned on investing the amount ...
A certain sum of money becomes 2500 in 6 years and Rs. 3240 in 10 years at any certain rate of simple interest. Find the principal amount.
An amount of Rs. 2400 is invested at an annual compound interest rate of 20%, while another amount of Rs. 1600 is invested simultaneously at an annual s...
A certain sum of money becomes 6000 in 6 years and Rs. 6240 in 10 years at any certain rate of simple interest. Find the principal amount.
A person invested ₹15,000 at a simple interest rate of 20% per annum. Had the amount been invested at a compound interest rate of 20% per annum, compo...
A person invest some amount in a business into 2 parts. If he invest 1st part at 8% for 3 years and 2nd part invest at 7(1/2)% p.a. for 4 years. Total S...
A certain amount, when invested at a simple interest rate of 18.2% per annum, grows to Rs. 14,552 in 4.5 years. What is the initi...
A sum of money amounts to ₹17,600 in 2 years at 5% simple interest. What will be the amount after 5 years?
An amount is invested at a compound interest rate of 21% per annum, with compounding occurring once every 10 months. After 20 months, the interest earne...