Question
Which strategy is most appropriate when a banking
product reaches maturity stage?Solution
At maturity stage, competition is intense; differentiation helps sustain market share. Why Other Options Are Incorrect • A: Introduction stage • C: Decline stage • D: Not sufficient • E: Introduction strategy Banking Example: Adding cashback benefits to mature credit card product.
Simple interest on a certain sum at the rate of (50/3)% per annum for three years is Rs. 1250. Find the sum.
Rs. ’P’ invested at a rate of 8% p.a. compound interest (compounded annually) amounts to Rs. 7231.68 at the end of 2 years. Find the simple interest...
A certain sum amounts to ₹13000 after 4 years and to ₹16000 after 8 years at the same rate percent p.a. at simple interest. The simple interest (in ...
A man invested Rs. 30,000 at simple interest of 8% p.a. If he had instead invested the same sum on compound interest of 8% p.a., compounded annually, th...
What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
- Waqar borrowed Rs. ____ on compound interest at 15% p.a. compounded annually. After __ years, the rate of interest changed to 20%. At the end of 4 years, h...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 25% p.a. for 2 years, is Rs. 150. If...
The simple interest on a sum for 2 years at 10% per annum is Rs 4,000. Find the difference between the compound interest and the simple interest on the ...
Calculate the final amount Poonam will receive if she invests Rs. 2,500 at a compound interest rate of 80% per annum, compounded quarterly, over a perio...
- Rs. 3,300 is put into a savings scheme at a simple interest rate of 36% per annum for 3 years. The maturity amount is then invested in a business venture t...
Relevant for Exams:
