Question
Which of the following document is not sufficient to
meet the complete KYC (Know Your Customer) requirement for opening of a bank account?Solution
PAN card can become only as identity proof. It is not work as address proof. Rest all are both identify and address proof.
The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
- 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 (...
Some amount out of Rs. 15000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 4 years the total interest from both the amou...
A man invested Rs.22000 in a fixed deposit scheme for 3 yrs at CI of 5% p.a. How much will a man get on maturity of the fixed deposit?Â
A man invests Rs X in a scheme at 12% rate of interest for 8 years. After 8 years he reinvests the amount received at same rate of interest for same tim...
An amount of Rs. 7200 is invested at 30% p.a. simple interest for 5 years. The interest gained is then deposited at 10% p.a. compound interest for 2 yea...
The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same ...
Rohit invested a sum on compound interest at 'R%' per annum (compounded annually), which amounts to ₹8,000 and ₹11,520 in 2 years and 4 years respec...
A invests a sum at 8% simple interest. After 5 years the amount becomes 1.4 times the principal. Find the rate of interest used.
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