Question
Banks have launched an app naming _____for electronic
commerce transactionsSolution
It is a type of electronic card which is used for transactions made online through a computer or a smartphone. The utility of an e-wallet is the same as a credit or debit card. An e-wallet needs to be linked with the individual's bank account to make payments.
Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the i...
'Aarav' deposited Rs. 5,400 in a SIP at simple interest of 9% p.a. If he earned Rs. 2,916 as interest, then find the duration (in years) for which the m...
- Rohit invests Rs. 7,500 on compound interest at 10% p.a. (compounded annually) for 2 years and Rs. 6,400 on simple interest at 12% p.a. for 4 years. Find t...
What sum of money must be given at simple interest for 3 months at 5% per annum in order to earn Rs. 220 interest?
Vaishali invested Rs. (X + 3000) on compound interest of r% p.a. compounded annually for 2 years and Tanushi invested Rs. (X – 2000) on simple interes...
Sameer invested Rs. (R + 1000) at simple interest of 20% p.a. for 3 years. Ajeet invested Rs. (R - 4000) at compound interest of 20% p.a. for 3 years. I...
What is the principal amount?
Statement I: The Simple Interest after 2 years on a certain sum at 10% p.a is Rs. 1200.
Statement II : The...
On Rs. 6000 invested at a simple interest at the rate of 4% p.a., Rs. 2400 is obtained as interest in certain years. In order to earn Rs. 4800 as intere...
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...
Simple interest earned on an amount of Rs.1600 at rate of R% per annum after 3 years is Rs.336. Find the simple interest earned on an amount of Rs.1500 ...
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