Question
Company signs a ₹12 crore contract to deliver a
software + annual maintenance for 3 years. Software is delivered in year 1 (₹8 Cr value), rest allocated to maintenance equally over next 3 years. How much revenue will be recognized in Year 2?Solution
• ₹8 Cr for software recognized in Year 1 • ₹4 Cr remaining = ₹1.33 Cr/year ⇒ Revenue in Year 2 = ₹1.33 Cr
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount fo...
Some amount out of Rs. 24000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amou...
- Anjali invested Rs. 9,150 at a simple interest rate of 4% p.a. for 5 years. If she receives Rs. '2n' in total, what is the product of all digits in 'n'?
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs....
Find the compound Interest on Rs. 8,000 @15 % p.a for 2 years 4 month Compounded annually?
Abhishek invested Rs. 7996.89 in a business for 3.98 months and then left the business. Bhuvan invested Rs. 1998.68 more than Abhishek for (2/3) r...
- An amount becomes Rs. 9,360 in 3 years when invested at simple interest at the rate of r% per annum. If the interest rate had been (r + 4)% per annum, the ...
Simple interest earned on an amount of Rs.1200 at rate of R% per annum after 4 years is Rs.384. Find the simple interest earned on an amount of Rs.1500 ...
- Amit invested Rs. 20,000 at simple interest of 10% p.a. If he withdrew Rs. 4,000 after every one year, then find the total interest earned by Amit at the e...
A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. ...
Relevant for Exams:
