Question
What will be the amount payable on Maturity of ₹2,250
invested for three years 20% p.a. interest compounded yearly?Solution
The amount payable on the maturity. 2250(1 + 20/100)3 = 2250 x (216/125) =18×216 = 3888. Rs.
Consider the following statements in regards to the Economic Survey of India 2022-23:
1. India became the 2nd largest mobile phone manufac...
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As per Financial Assistance for Promotion of Guru-Shishya Parampara scheme of Ministry of Culture
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