Question
The most active segment of the Money Market in India is
which one of the following?Solution
The correct answer is A
A sum of ₹5,000 is invested at 8% simple interest per annum for 3 years. After 3 years, the interest is reinvested at 6% compound interest for 2 years...
Simple interest earned on an amount of Rs. 1800 at rate of R% per annum after 4 years is Rs. 288. Find the simple interest earned on an amount of Rs. 15...
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...
The difference between compound and simple interest on a sum of money for 2 years at 25% per annum is Rs. 880. The sum is:
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Compound interest on a certain sum of money for 2 years is Rs.6800 while the simple interest on the same sum for the same time period is Rs.6400. Find t...
Ankit invested Rs. 12,000 in a scheme that offers compound interest at an annual rate of x%, compounded once a year. After 2 years, he received an inter...
An amount of Rs. ‘P’ was invested at an interest rate of ‘R%’ per annum, compounded annually. After 2 years, the compound interest earned was Rs...
Rohit deposited Rs. ‘x’ in a bank at 8% compound interest per annum for 3 years, compounded annually. If he earned an interest of Rs. 2,597.12, find...
Ravi borrowed Rs. 25,000 from a finance company at a simple interest rate of 12% per annum. If he repaid Rs. 28,000 after ‘m’ months, find the value...
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