UrbanPro

Take IBPS Exam Coaching from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

A person takes a loan of amount Rs 1 Lakh with an interest rate of 2.5% for 16 months. What is his simple interest?

Asked by Last Modified  

Follow 0
Answer

Please enter your answer

formula is PTR/100 here time will take in years. but in our problem it is in months. we can convertinto 100000*5/2*16/1200=3333.33
Comments

Related Questions

What are the skills need to attend the bank exam?
They are based on common platform irrespective of your graduation degree stream.
Bhuvana
What is IBPS? How this exam will help help me in the future in the banking sector. Please guide me.
Institute of banKing personally selection is a body that conducts all bank examinations of all nationalised banks other than sbi and rbi.Anybody interested in pursuing a career in banking as well as...
Nayana
0 0
8
What are the Factors responsible in choosing a coaching institute in India? Course and Exam-Based Coaching Centers such as Bank PO Coaching, IIT JEE Coaching, CAT Coaching etc.
There is no fixed rule for it as many institutes very visible to us have very poor quality of teachers so best way is to consult successful candidates of previous year or faculty ( If you know presonally)
Shivangi

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Why majority of students go for IBPS Coaching after their graduation?
Overview Banking Industry is considered as one of the fastest growing sector in India now. Banks provide very lucrative carrer for the young graduates in the country. Large number of vacancies exist in...

Prepositions Correct Usage And Exam Questions
In India nowdays English grammar is very imporatant because wheteher you are going to give SSC, Bank, CDS, NDA, CLAT, MBA etc exams its necessary to have good command over English. Lets have a look...
S

Siddhartha Singh Chandel

2 0
0

Debit & Credit - Basic Concepts & Tricks
Debits and Credits After you have identified the two or more accounts involved in a business transaction, you must debit at least one account and credit at least one account.To debit an account means...
E

EduAngel

1 0
0

10 Tips to Improve your Learning
Study Tip 1: Underlining. Study Tip 2: Make Your Own Study Notes. Study Tip 3: Mind Mapping. Study Tip 4: Flashcards. Study Tip 5: Case Studies. Study Tip 6: Quizzes. Study Tip 7: Brainstorming. Study...

Tricks in Maths
Hi everyone here I am going to solve a fundamental question related to quant the answer of which probably most of you know, but the method is critical that applies to other topics like time and distance,...

Recommended Articles

SBI is the largest and most trusted bank in India. Globally, it is has presence over 34 countries and operates several foreign subsidiaries. Being associated with a brand like SBI is a dream for many Indians. SBI conducts exams to recruit suitable candidates into various positions in the organization. Candidates interested...

Read full article >

While your elders, parents or teachers really want you to try the Institute of Banking Personnel Selection (IBPS) exam, you may wonder what are the constructive reasons for taking up the exam? The thought whether to take up the IBPS exam is a constant confusion faced by Indian students. To solve the matter, here is stating...

Read full article >

Post 2011, all Institute of Banking Personnel Selection (IBPS) exam mandates the procedure of Common Written Exam (CWE). However, the continuous alterations in IBPS syllabus and paper pattern confuses students on how to prepare for the CWE round of IBPS exam. Here is putting in details the CWE paper pattern of IBPS exam...

Read full article >

The Rs 78 trillion (US$ 1.25 trillion) Banking Industry in India is a foundation to the national economy. This makes the banking sector as one of the most sought after career domain in India. The skills learnt in banking careers are absolutely ubiquitous and can be utilized in different enterprises within the industry,...

Read full article >

Looking for IBPS Exam Coaching ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for IBPS Exam Coaching Classes?

The best tutors for IBPS Exam Coaching Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take IBPS Exam Coaching with the Best Tutors

The best Tutors for IBPS Exam Coaching Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more