Financial Transactions

A sum of $₹ 8400$ was taken as a loan.This is to be repaid in to two equal annual installments.If the rate of interest is $20\%$ compounded annually then find the value of each instalment $?$

If the required answer is $₹ k,$ then write the value of $k$ in answer box. (Write the value of $k$ is without decimal number in answer box)

A sum of $₹ 5500$ was taken as loan. This is to be paid back in two equal instalments. If the rate of interest is $20\%$ per annum compounded annually, find the value of each instalment.

If the required answer is $₹ k$, then find the value of $k$.

A loan of $₹ 2550$ is to be paid back in two equal half-yearly installments. How much is each installment if the interest is compounded half-yearly at $8\% \mathrm{p}.\mathrm{a}.$$?$ $₹$ _____

A sum of $₹ 7500$ is to be paid back in three equal annual installments. How much is each installment if the interest is compounded annually at $4\% \mathrm{p}.\mathrm{a}.?$

You get a student loan from the New Mexico Educational Assistance Foundation to pay for your educational expenses this year. Find the interest on the loan if you borrowed $\$2000$ at $8\%$ for $1$ year.

Banks provide loan to an individual with no rate of interest.

To start a mobile dog-grooming service, a woman borrowed $\$2500$. If the loan was for two years and the amount of interest was $\$175$, what simple interest rate was she charged?

How long does it take a principal of $25000$ dollars at a simple interest rate of $5\%$ to become $30000$ dollars?

If the required answer is $k$ years, then find the value of $k$.

John invested an principal amount of $₹37500$  for one year at a interest of $8\%$. The Simple interest that he paid is $₹$_____.

State whether the given statement is true or false.

Bunty paid amount of $₹7500$ to the bank at the interest of $5\%$ for the time period of $5$ years. The amount that he took as a loan from the bank is $₹25000$.

Bunty paid amount of $₹5000$ to the bank at the interest of $5\%$ for the time period of $5$ years. The amount that he took as a loan from the bank is $₹k$. Find the value of $k$.

Raju wants to start up a sugarcane business. He had to$₹17000$ as his savings. He applied a loan of $₹25000$. So, what is the total amount that he was required to start a business? $₹\_\_\_\_\_$

_____ is important requirement to start a business.

Pankaj deposited $₹ 1,30,000$ in a bank at a rate of $10 \mathrm{p}.\mathrm{c}.\mathrm{p}.\mathrm{a}$ for two years. What the total amount he will get from the bank $?$ (Write the answer without rupees symbol)

Mahesh deposited $₹ 8600$ in a bank at a rate of $2 \mathrm{p}.\mathrm{c}.\mathrm{p}.\mathrm{a}$. How much money will he get at the end of the year in all $?$ _____ rupees.

Kisanrao wanted to make a pond in his field. He borrowed $₹ 35250$ from a bank at an interest rate of $6 \mathrm{p}.\mathrm{c}.\mathrm{p}.\mathrm{a}$. What amount will he have to return to the bank at the end of the year $?$

If the required answer is $₹ k$, then find the value of $k$.

Kamal borrowed $₹ 25000$ at $12\%$ per annum for a year. What amount will he have to return to the bank at the end of the year $?$

Neela obtained an amount of $₹ 9,000$ as simple interest on a certain amount at $3\% \mathrm{p}.\mathrm{a}.$ after $4$ years. What is the amount invested by Neela$?$ (Write the answer without rupees symbol)

Say True or False.

Amount $₹ 32500$ invested by Suresh. He obtained an amount of $₹ 6500$ as simple interest on a certain amount at $5\%$ per annum after $4$ years.

Ramesh obtained an amount of $₹ 4,500$ as simple interest on a certain amount at $5\% \mathrm{p}.\mathrm{a}.$ after $2$ years. The amount invested by Ramesh is $₹ k,$ then find the value of $k$.