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‘Companies Act’ Section 123.Declaration of dividend: (1) No dividend shall be declared or paid by a company for any financial year except— (a) out of the profits of the company for that year arrived at after providing for depreciation in accordance with the provisions of sub-section (2), or out of the profits of the company for any previous financial year or years arrived at after providing for depreciation in accordance with the provisions of that sub-section and remaining undistributed, or out of both or; both.
The ratio of the sums invested by ‘X’ and ‘Y’ in SIP ‘M’ and ‘N’ is 7:4, respectively. If ‘X’ invested Rs. 6300 more than ‘Y’, t...
A certain sum when invested for 3 years in a scheme offering simple interest of 20% p.a. gives an interest of Rs. 1470. What is 130% of the sum invested?
If an amount of Rs. 'x' is invested at an annual compound interest rate of 20%, it grows to Rs. 'x + 2200' after 2 years. Calculate the value of 'x + 22...
If the ratio of the sum invested and simple interest received after 1 year is 20:13 respectively, then find the rate of interest.
Rs. 6500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 14% ...
A man invested Rs.Y in a scheme S at 14% rate of simple interest for 7 years. After 7 years, he reinvested the amount received from the scheme S at same...
A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference betw...
Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
A sum is invested at 12% p.a at simple interest for 5 years. The obtained amount is invested for 2 years at 20% compounded annually. The interest obtain...
Anoop invested a sum at a simple interest rate of 8% per annum, and it grew to Rs.1,850 in 6 years. If the same sum is invested at a compound interest r...