The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 664. The sum is:
Difference of compound interest and simple interest for 2 years = P(R/100)2= P (5/100)2 ⇒ 664 = P (1/400) ⇒ P = 664 × 400 = Rs. 2,65,600
Consider the following Statements and choose the option with correct Statements.
I- India had five major financial centres previously, namely, M...
What will be the Return on Equity of Rahul’s company?
How is a non-performing asset (NPA) defined in the context of agricultural loans specifically for long duration crops?
Interest coverage ratio can be numerically expressed in the form of the following equation:-
What is the risk weight assigned to CRE-RH loans?
Unit Costing is applicable where:
How many financial centres were researched for the Global Financial Centres Index (GFCI) 33 edition?
State which of the following statements is true?
Which of the following centers serve clients from all over the world in the provision of the widest range of financial services?
A company earned net profits of Rs. 150,000 during the year. If the amount of debtors in the beginning and the end of the year is Rs. 1,10,000 and Rs. 1...
