Question
A financial instrument was issued at a discount.
Principal ₹10,00,000, issue proceeds ₹9,40,000, life 5 years. Using effective interest method, if effective annual rate implicitly is 1.24% approximate (example), first-year interest expense = carrying amount × effective rate = 9,40,000 × 0.0124 = ? (Calculate to nearest rupee)Solution
First-year Interest Expense = Carrying Amount at Initial Recognition × Effective Interest Rate = 9,40,000 × 0.0124 = ₹11,656.
If the highest common factor of two numbers is 25, then which of the following may be the least common multiple of the numbers?
The LCM of two positive integers is 660 and their HCF is 12. If one of the numbers is 132, what is the other number?
The HCF and LCM of the two numbers are 225 and 306 respectively. When the first number is divided by 3, the quotient is 15. The other number is.
Two numbers are in the ratio 4 : 5 and their least common multiple (LCM) is 1800. What are the two numbers?
HCF of two numbers = 12, LCM = 660, one number = 60. Find the other.
The HCF of two numbers is 14. Which of the following can never be their LCM?
The LCM of two numbers is 720 while their HCF is 12. If one of the numbers is 120, then the other number is:
What are the Highest Common Factor and Lowest Common Multiple of 6, 72, 120?
Two numbers are in the ratio 2:7. The product of their H.C.F. and L.C.M. is 5054. The sum of the numbers is:
The product of the two prime numbers is 187. What will the L.C.M of these two numbers?
