Question
How much is the loan amount range under the co-lending
partnership between Muthoot Microfin and SBI?Solution
Under the co-lending partnership, Muthoot Microfin and SBI will co-lend loans ranging from ₹10,000 to ₹3,00,000.
Person 'P' invested ₹4y at a simple interest rate of 35% per annum and ₹3y at a compound interest rate of 20% per annum (compounded annually), both ...
A certain sum at CI amounts to Rs 500 in 3 yr and to Rs 625 in 6 yr. Then the sum is ?    Â
What sum will give Rs. 279 as the difference between simple interest and compound interest at 20% in 1year 6 months compounded half yearly?
The simple interest on a certain sum for 4 years at 10% per annum is Rs 240 less than the compound interest on the same sum for 2 years at 20% per annum...
John invested Rs. (P-4000) and Rs. (P+5000) in scheme A and scheme B respectively. The rate of interest in scheme A and B is (R+1)% and (R-1)% respectiv...
The simple interest on a sum of Rs. (6400 + x) invested for 3 years is Rs. 4,800. If the interest rate is 12.5% per annum, find the value of x.
'Amit' placed an investment of Rs. (x - 600) at a simple interest rate of 10% per annum for a duration of 4 years. On the other hand, 'Bheem' invested R...
- 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...
- Ravi invests Rs. 'x' in scheme X and Rs. (x + 600) in scheme Y for 4 years each. Schemes X and Y offer simple interest at 12% p.a. and 8% p.a. respectively...
‘When Rs. (a + 800) is invested at 30% p.a. simple interest for 5 years it gives an interest of Rs. (4a + 900). Find the value of ‘a’.
Relevant for Exams:
