Question
Which type of accounting uses Generally Accepted
Accounting Principles (GAAP) to ensure consistency and accuracy in reporting financial information?Solution
Financial Accounting uses GAAP to ensure consistency and accuracy in reporting financial information.
CI (compounded yearly) exceeds SI on a sum for 2 years at 8% p.a. by Rs. 160. Find the sum.
The difference of compound interest on Rs. 800 for 1 year at 20% per annum when interest is being compounded. Half-yearly and quarterly
The compound interest on a certain sum, compounded half-yearly at an annual rate of 20% for one year, is Rs. 540 less than the simple interest on the sa...
At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months, if the interest is being compounded quarterly? Calcu...
The C.I on a sum of Rs. 6400 becomes Rs. 1276.5625 in 9 months. Find the rate of interest, if the rate of interest is compounded quarterly?
Find the compound Interest on Rs. 16,000 @15 % p.a for 2 years 4 month Compounded annually?
A person took a loan of Rs 1500 from an investor for at 20% p.a. on compound interest for 2 years. But he paid only 80% of amount after 2 years. And inv...
What will be the CI on a sum of Rs.50,000 after 3 years at the rate of 11%p.a?
...A person invested ₹15000 in a scheme for 3 years at 8% compound interest, compounded annually. After 3 years, the person decided to withdraw the amoun...
At what percentage rate, compound interest compounded annually for a sum of ₹40,000, will amount to ₹44,100 in two years?
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