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.
'P' invested Rs. 2,00,000 at compound interest of ___% p.a., compounded once every 4 months. If he kept the amount invested for 12 months, then interest...
Riya invests Rs. ‘X’ for 5 years in scheme-A offering simple interest at 12% p.a., while Karan invests the same amount for 3 years in scheme-B offer...
A deposited Rs. 3500 at 35% per annum compound interest in scheme A for 2 years. After 2 years, he deposited total amount at 10% simple interest per ann...
'A' borrows Rs. 600 at the rate of 15% p.a. simple interest, and 'B' borrows Rs. 800 at the rate of 10% p.a. simple interest. In how many years will the...
- A sum of money placed at simple interest becomes Rs. 14,400 in 4 years and Rs. 18,000 in 7 years. What is the initial amount invested?
The interest earned when a sum is invested at simple interest of 16% p.a., for 3 years, is Rs. 2400. What will be the total amount received after 2 year...
- A man borrowed money at a 22% per annum simple interest. If he paid Rs. 10,450 after 36 months to clear his debt, how much did he originally borrow?
The amount of a certain sum in 3 years at simple interest at x % p.a. is ₹5,472 and the amount of the same sum in 7(1/2) years at the same rate, at si...
- An amount of Rs. 4,000 was borrowed at 18% p.a. and another amount of Rs. 6,000 at 12% p.a. as simple interest. The total interest paid after ‘n’ years...
Anil initiated his financial journey by investing Rs. 7500 in a Contra fund, which offered a simple interest rate of 18% per annum for a duration of 2 y...
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