A sum of money invested at simple interest amounts to Rs. 16800 in 2 years and to Rs. 23100 in 9 years. What is the rate of simple interest per annum? ∴ Interst paid in 7 years = 23100 − 16800 = Rs. 6300 Annual Interest = 6300/7 = Rs.900 Sum lent at the begining = 16800 − 900 × 2 = Rs. 15000 Rate of simple Interest = (900/15000) × 100 = 6%
Interest payable u/s 234C is computed at
If the policy is without average clause, a claim for loss of profit will be?
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
Under which method of Depreciation, the written down value of the asset is always more than zero:
Which financial statement reports a company’s revenues and expenses over a specific period of time?
Accounting has been referred to as the__________of business.
……………… cost is a criterion cost which may be used as a yardstick to measure the efficiency with which actual cost has been incurred.
...All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______
Which of the following is a limitation of accounting that can affect the accuracy and usefulness of financial statements?
A belated return can be filed by a taxpayer under Income tax Act, between _______
