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-3% interest rate on bank balance, how? ...

-3% interest rate on bank balance, how? #LLAShorts 92

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The rate of interest charged by the central bank for short term of the cash borrowed by commercial banks is called ______ .

At a simple interest 800 becomes 956 in three years. If the interest rate, is increased by 3%, how much would 800 become in three years?

In India, the interest rate on saving accounts in all nationalised commercial banks is fixed by:

A sum of Rs800 amounts to Rs920 in 3 years at simple interest.If the interest rate is increased by 3%, it would amount to how much?