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Solution: The Rail Green Points (RGP) initiative by Indian Railways aims to credit customers for the carbon emissions saved by choosing rail freight transport instead of road transport. The carbon savings are measured in TonnesCO2 and displayed in the customer's RGP account.
A sum of money amounts to Rs 250 in 4 years and Rs 432 in 7 years at a compound rate of interest. What is the rate of interest per annum?
The interest on 24,000 in a year compounded annually when the rates are 8% p.a. and 10% p.a. for two successive years is:
What is the rate of compound interest annually?
I. An amount doubles itself in 5 years on
simple interest