Answer (1 of 5): Assume Principal = 100 ROI =12.5%, Interest = 100Rs ( since principal doubled) 1year → 12.5% ? years → 100 Rs = 100/12.5 = 8years The question does not mention the interest rate application. Is it simple or compounded. In cse it is simple ...
· Khata can be said as a legal identification document containing all the small prints of the property like the owner''s name, size of the building. Khata certificate is needed for water connection and electricity connection, availing commercial licenses, and if putting up your property for sale. Khata extract contains the name of the property owner, the total area of the property, …
Nov 20, 2016· Mr.A on 1st Jan 2016 collected the first interest of 10Rs from bank and decided to sell the bond in the secondary market, he however noticed that at 8% interest rate, a new bond for 1 year could only fetch 108Rs in an year (100Rs par value + 8Rs
This scheme is offered by Punjab and Sind Bank so as to provide women entrepreneurs involved in Agriculture, retail and small business enterprises to get loans for business at flexible terms and concessional interest rates. The maximum amount of loan under this scheme for women between the age bracket of 18-45 years is ₹1 lakhs but your ...
· Could someone help me understanding the logic behind this returns table: My doubt is, for say if I invest 100rs and by end of 1st year it gives me 134rs. After the 3rd year, will my money go to 108.24? and 5th year – 106? and so on…? or 1st year
Answer (1 of 5): Assume Principal = 100 ROI =12.5%, Interest = 100Rs ( since principal doubled) 1year → 12.5% ? years → 100 Rs = 100/12.5 = 8years The question does not mention the interest rate application. Is it simple or compounded. In cse it is simple ...
· Answer: the interest obtained for rupees 1000 at 12% per annum for 3 years is 1000×3×12/100Rs =360Rs the interest obtained for rupees 1500 at 8%per annum for 3/2years is Zoya has only Rs 1 and Rs 2 coins with her. if the total number of coins that he has is 50 ...
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This simple interest calculator offers you output by calculating both principals as well as interest. Although it is easy to calculate simple interest for shorter tenors but for long consecutive years, a manual mechanism increases the chances of mistakes.
· find the amount if P= 100rs gate 3% per annum, and T-2years, a. 106rs b. 126rs c. 136rs Od 146rs - 46812210
A commission is paid to the salesperson for his/her services by the seller with respect to the M.P. For example, if Radhika is a salesperson and works in a garment shop and takes 2% commission. It means from shop owner Radhika take 2Rs for selling of 100Rs (M.P.). In this case, the shop owner is sharing his revenue, thus his profit is reduced.
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This means that unlike cash withdrawals from other credit cards, you get access to free cash from a credit card and pay no interest for the first 50 days. • You pay only a flat, one-time credit card cash withdrawal fee of 2.5% as the processing charge. If you withdraw a small amount, the starting fee will be Rs. 100.
What Is The Interest For Rs In Mining what is the interest for 100rs in mining Find the simple interest on Rs 8600 from 18th October, 2006 to 13th March, 2007 at 8 per annum Also, find... What Is The Diffrence Between Stationary Amp Mobile, What Is The Interest ...
Interest is paid every half year in September and March. No interest is currently payable on the balance maintained in a current account in acceptance with RBI directives. III. Fixed Deposits 1. Date of Fixed Deposit The effective date of Fixed Deposit shall be No ...
· They offer an interest of about 6.8%(quarterly rate of interest is revised). The interest is compounded quarterly but paid to the investor only on maturity. Tenure is of 5 years and, the minimum investment is 100Rs.
Answer (1 of 2): let principal be P, rate of interest be I and time = 20 years Amount = 3P given so interest = 3P-P = 2P 2P = PR X 20/ 100 or 2 = 20 R /100 or 10R/100 = 1 or R = 10 10
Interest=PNR/100 where P=prinicipal, N=peroid and R=rate of interest N=81*100/450*4.5=8100/202.5=40 years Time taken for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest is 40 years
Compound interest differs from Simple interest as the interests earned in the previous years considered as principal for the next years. Observe the table From the above table, we can see that in Simple interest case, Interests earned in each year is same, but in the compound interest, except for the first year, interests are different.
· We started off with the background of the company, what a SWOT analysis is followed by an in depth SWOT analysis of Starbucks. This included strengths like social responsibility, quality of products etc., weaknesses like, high prices, imitable products, etc., opportunities like, expansion, Indian menu, etc., and finally the threats posed by ...
· The formula for calculating compound interest is A = P (1 + r/n) ^ nt. For this formula, P is the principal amount, r is the rate of interest per annum, n denotes the number of times in a year the interest gets compounded, and t denotes the number of years. In order to understand this better, let us take the help of an example:
· How to calculate interest rate. Know the formula which can help you to calculate your interest rate. Step 1: To calculate your interest rate, you need to know the interest formula I/Pt = r to get your rate. Here, I = Interest amount paid in a specific time period (month, year etc.) P = Principle amount (the money before interest)
Start investing in SIP (Systematic Investment Plan) with minimum amount can be as low as Rs. 100. SIP is a way of investing money in mutual funds schemes at regular interval.
· Simple Interest Formula The formula for calculating simple interest is: (P x r x t) ÷ 100 P = Principal r = Rate of Interest t = Term of the loan/deposit in years This means that you are multiplying the principal amount with the rate of interest and the tenure of the loan ...
Concept of Installment Suppose you have to buy a car at Rs. 200000. You can pay the seller in two ways: Either you can pay the entire amount in one go i.e. you''ll pay Rs. 200000 and take the car. But what if you don''t have enough money at the time of purchase?
· Low interest rate on loans Women applying for a home loan can enjoy a low interest rate. There is a difference of about 0.05% on the interest rate between loan applications made by men and women. The same is applicable for car loans as well. When you look ...
· Please inform me to calculate the fix maturity amount formula in FD Ex. How to calculate the principle amount, If I want fix 1 lack rupees maturity amount in various Interest rate and for the various year in FD. So how many rupees I have to invest in FD for 1lack
Yield (interest) – 11.35% So by putting the above-mentioned figures in the formula will get the Net Amount for 100Rs face value commercial paper. Calculation of Net Amount – 11.35% = [(100-A)/A] × (365/90)×100 Solving the above equation will get A = 97.28 Rs ...
Simple Interest - Solved Examples, Q 1 - Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years, and at the rate of 14% p.a. for Q 1 - Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years, and at the rate of 14% p.a. for the period beyond five years.
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