Question
State which statement is incorrect:
Solution
Explanation: In case of merger, both equity or preference shares can be issued to the shareholders of the transferor company. Statement (c) is incorrect.
- A sum, when invested at 12(½)% simple interest per annum, amounts to ₹8,250 after 2 years. What is the simple interest? 
- What will be the compound interest earned on an investment of Rs. 20,000 over a period of 3 years at an annual interest rate of 12%, compounded yearly? 
- A woman invests Rs. 10,000 in a bank offering 10% p.a. compound interest for the first 3 years and then 15% p.a. simple interest for the rest of the per... 
- The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same ... 
- In how much time will a sum of Rs. 5250 amounts to Rs. 9870 at the rate of 11 percent per annum at simple interest? 
- Neil buys a Camera priced at 32000. He pays 8000 at once and the rest after 15 months on which he is charges a simple Interest at the rate of 18% per an... 
- Waqar borrowed Rs. ____ on compound interest at 15% p.a. compounded annually. After __ years, the rate of interest changed to 20%. At the end of 4 years, h...
- Atul has Rs.200 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 20% p.a. for 5 years. Find the sum of simple interests receiv... 
- An amount was invested at a simple interest rate. After 6 years, it amounted to (126/108) times the amount it had reached in 4 years. What is the rate of i...
- Compound interest on a certain sum of money for 2 years is Rs.6800 while the simple interest on the same sum for the same time period is Rs.6400. Find t...