Question
What principal amount, when invested at an annual simple
interest rate of 3.6% for 15 years, will generate an interest of Rs. 4,050?Solution
Let the sum invested be Rs. 'P'. According to the question, 4050 = (P x 3.6 x 15) ÷ 100 Or, P = (4050/0.54) = 7500 Or, sum invested = Rs. 7,500
What is the maximum subsidy amount for individual units under PMFME?
What feature of the "Flash Pay" RuPay smart key chain launched by Federal Bank emphasizes enhanced security for contactless payments?
Who is roped as the brand ambassador of PharmEasy?
Who among the following replaced Morarji Desai as the Prime Minister of India in 1979?
Who won the 2023 Superbet Rapid & Blitz Poland, the second leg of the Grand Chess Tour?
Where are the headquarters of the Centre for Development of Advanced Computing?
Who is the author of the book "The Rajiv I Knew," which delves into Rajiv Gandhi's accords with insurgents and the controversies that marked his tenure?
Which of the following term means using shares as collateral and taking a loan against them?
Who is the chairperson of the National Statistical Office?
Which bank has launched UPI integration for NRE clients through its mobile banking platform enabling NRIs to seamlessly utilise UPI features through the...
Relevant for Exams:
