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Start learning 50% faster. Sign in nowThe Base rate includes all those elements of the lending rate that are common across all categories of borrowers. Banks are allowed to determine their actual lending rates on loans and advances with reference to the Base Rate and by including such other customer specific charges as considered appropriate.
The difference between compound and simple interest on a sum of money for 2 years at 4% per annum is Rs. 626. The sum is:
Rs.700 amounts to Rs.742 in 2 years at a certain rate. If interest rate is increased by 2%, then what will be the new interest?
The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 9000. What will be the total amount received after 2 year...
A sum of ₹50,000 is deposited with an annual simple interest rate of 40%. Calculate the total amount that will be obtained after a period of 42 months.
If the rate of interest is 5% compounded quarterly. What will be the approximate amount if P invests Rs.5000 for 1 year?
A certain sum of money, when invested at a simple interest rate of 12% per annum, grows to Rs. 3,850 over a period of 54 months. What will be the inter...
Anjali invested Rs.15000 in a scheme offering compound interest of x% p.a. compounded annually. If at the end of 2 years, interest received by her from ...
A sum is lent on compound interest for 2 years at 13% p.a. If the compound interest on the sum is Rs.3045.9, find the sum.