Question
When Rs.6400 funded at SI of 12% p.a for certain
years which gives an interest of Rs.3840. If Rs.5000 is invested at CI compounded annually of 10% p.a for 3 years less than the time for which Rs.6400 was funded. Find the compound interest earned on Rs.5000.Solution
ATQ, we can say that S.I = ((P x R x T)/100) 3840 = 6400 x 12/100 x T T = 5 years Rs.6400 is invested for 2 years at 10% p.a. CI. Required interest = Rs 1050
Public sector lender Bank of Baroda (BoB) is planning to rope in a strategic investor for its credit card subsidiary, BOB Financial Solutions (BFSL), by...
Which two Indian states signed an MoU to promote heritage and wildlife tourism, including initiatives like “Beach to Bradshaw” and “Temples, Tribe...
Gross inward Foreign Direct Investment (FDI) into India stood at what level in November 2025?Â
Recently the Central Government has approves Maharashtra’s first Electronics Manufacturing Cluster at which of the following city?
Who was given additional charge as the Governor of Nagaland after the death of L. Ganesan in August 2025?Â
The government has allocated an additional â‚ą10,000 crore to which initiative to support start-ups in India?
- What is the primary investment goal of the newly launched SBI BSE PSU Bank Index Fund and ETF?
Who has been appointed as the Managing Director of the National Housing Bank recently?
Which city was awarded the title of “City of Literature” at the 16th annual UNESCO Creative Cities Network (UCCN) conference?
Which bank is leading with a commitment of â‚ą6 trillion towards renewable energy projects?
Relevant for Exams:
