Question
 What is the capital of Reserve Bank of India as per
RBI Act, 1934?Solution
The RBI Act, 1934, S. 4. Capital of the Bank. The capital of the Bank shall be five crores of rupees.
A borrowed Rs. 7500 from B for his business. How much amount A will return to B at the end of 25 months such that the sum was borrowed at simple interes...
A man borrowed Rs 300 and promised to pay back in 11 equal instalments of Rs 30 each. Find the rate of simple interest per annum?
Rs. 7,000 is invested in scheme ‘A’ offering simple interest of 12% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 6% p.a. What is...
Rs. 14000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the i...
'The sums of money owned by 'Ajay' and 'Vijay' are in the ratio of 7:5, respectively. 'Ajay' invested his amount for 5 years at a simple interest rate o...
Determine the value of 'K' if an investment of Rs. 30,000, made under a simple interest scheme at an annual rate of 18%, yields an interest amount of Rs...
A bank provides a loan at the rate of 5% per annum to a trader on an amount of 12,50,000 for 5 years. The simple interest to be paid is:
The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple int...
How long will a sum of money take to double, if it is invested in 9% p.a. simple interest?(approx).
A took a loan of Rs.5520 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
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