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MUDRA Loan is offered under the Pradhan Mantri Mudra Yojana (PMMY) which was launched in 2015 with the aim to help small scale businesses expand and attain success. MUDRA stands for Micro-Units Development and Refinance Agency. Under this scheme, borrowers can avail business loans ranging from Rs.50,000 to Rs.10 lakh and also avail different types of loans in which one type is Working capital loan via MUDRA cards.
A sum of money lent at 5% rate of simple interest. The difference between interest for 6 years and 4 years is Rs. 2000. Find the principal amount.
A man invested Rs. 30,000 at simple interest of 'x%' p.a. and received Rs. 45,000 after 2 years. If he had invested Rs. 30,000 at simple interest of 'x%...
The simple interest at k% for k year will be Rs. k on a certain sum. Find the principal amount.
If the ratio of the sum invested and simple interest received after 1 year is 25:14 respectively, then find the rate of interest.
A principal amount is invested at an annual simple interest rate of R%, growing to Rs. 9,500 over 5 years and Rs. 13,100 over 9 years. Calculate the tot...
A sum of 74000 is divided into two parts such that the simple interest on the first part for 3 years at 15% per annum is equal to the simple interest on...
A sum is lent on compound interest for 2 years at 14% p.a. If the compound interest on the sum is Rs.5392.8, find the sum.
Mohit saves 20% of her monthly salary. And of the remaining Income he gives to his mother and sister its ¼ and half respectively and the remaining sala...
A man deposited Rs. 16000 at 10% compound interest, compounded annually while Rs. 14000 at 13% simple interest per annum. What will be the difference be...
A man wants to invest Rs. 60660 in bank accounts of his two sons whose ages are 12 years and 16 years in such a way that they will get equal amount at a...
