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Naresh puts Rs 10000 at interest compounded annually for 2 yr. Had he invested it at 1% more rate of interest compounded annually, he would have earned Rs 209 more. What is the interest rate?0 Answer A man borrows Rs. 36,410 from a finance company an d has to repay it in three equal annual instalments. Find the amount of each instalment if the rate of interest is 10% per annum compounded annually. CBSE Mathematics1 AnswerPiyush takes a loan of Rs 10000. After 1 yr, he takes another loan of Rs 10000 at double the rate of interest. If he has to pay interest at simple rate of interest and settles the loan by paying Rs 23600 at the end of two years, what is the initial rate of interest he has to pay?0 AnswerA furnace installed at a cost of Rs. 24 Lakh is expected to serve its useful life of 5 years. Salvage value of the furnace is Rs. 8 Lakh. The interest rate compounded annually is 8%. The estimated capitalized cost (in Lakhs of rupees) is0 AnswerA furnace installed at a cost of Rs. 24 L akh is expected to serve its useful life of 5 years. Salvage value of the furnace is Rs. 8 L akh. The interest rate compounded annually is 8%. The estimated capitalized cost ( in Lakhs of r upees) is 0 AnswerFind compound interest on Rs. 6000 at 12% per annum for 1 year, compounded half yearly. (NIFT)0 AnswerTwo finance companies, P and Q, declared fixed annual rates of interest on the amounts invested with them. The rates of interest offered by these companies may differ from year to year. Year-wise annual rates of interest offered by these companies ar1 AnswerA rural landowner can deposit his savings in a commercial bank and receive an annual interest rate of 8%. Alternatively he can lend tvillagers who need credit. If all loans are of the same size and only sixty percent of them are repaid, the interest rate that would make his earnings the same as from depositing his savings in a bank is? DSE-20121 Answer Find the compound interest on Rs 48000 for one year at 8% per annum when compounded half yearly. (NIFT PG 2016)0 AnswerRight to freedom can be restricted 1 AnswerThe Return on Investment (ROI) of a company ranges between 10 12% for the past three years. To finance its future fixed capital needs, it has the following options for borrowing debt : Option ‘A’ : Rate of interest 9% Option ‘B’ : Rate of interest 13% Which source of debt, ‘Option A’ or ‘Option B’, is better ? Give reason in support of your answer. Also state the concept being used in taking the decision. -business-studies-2018 0 AnswerFiscal deficit equals : (choose the correct alternative) - CBSE Class 12 Economics 20161 AnswerOn what terms did Savita get a loan from Tejpal Singh? Would Savitas condition be different if she could get a loan from the bank at a low rate of interest? - CBSE Economics Class 9 NCERT Solutions1 Answer What is insurable interest ?- Banking and Insurance - Question Paper 20101 AnswerAnil invested an amount for 3 yr at a simple interest of 9% per annum. He got an amount of Rs 19050 at the end of 3 yr. What principal amount did he invest? (NIFT PG)0 AnswerCorrect the run-on sentence. CBSE English1 AnswerThe principle of subrogation is introduced to protect the interest of?-calicut university-2013- banking & insurance1 AnswerExplain the term ‘Interest Groups’ with two examples.-cbse-civics-class10-20151 AnswerBanks provide a higher rate of interest on which of the following accounts?- CBSE Economics1 AnswerThe population of a new city is 5 million and is growing at 20% annually. How many years would it take to double at this growth rate? - (Gate Biotechnology 2014 question paper: General aptitude)1 Answer