Question
Simple interest earned on an amount of Rs.1600 at rate
of R% per annum after 4 years is Rs.256. Find the simple interest earned on an amount of Rs.1800 at rate of (R + 3)% per annum after 2 years.Solution
According to question, => 256 = 1600 × R% × 4 => R = 256/64 = 4 Therefore, required interest = 1800 × (4 + 3)% × 2 = Rs.252
For project appraisal, Net Present Value (NPV) of a project is positive. That implies:
According to Walter’s Model, a firm with high return on investment (RoI) and low cost of capital should:
Consider the following journal entry:
In what circums...
Salaries of ₹1 lakh paid in April 2024 relate to March 2024. As per matching concept, when should this expense be recorded?
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurer’s available solvency margin is ₹900 crore, what should...
Financial management is generally concerned with the procurement, allocation and control of financial resources of a concern. Its objectives can be:
...Which of the following is not a type of buyer on the GeM?
A Public Cloud is characterized by:Â
For demand drafts, pay orders, or banker’s cheques of ₹50,000 and above, which requirement must be fulfilled as per banking guidelines?
Virat Ltd. issues 5,000 10% preference shares of ₹100 each at ₹96 each. The company proposes to redeem the preference shares at the end of the 10th ...
