Question
Akshay invested Rs. 2240 in two schemes P and Q in the
respective ratio of 9:7. Scheme P and Q are offering simple interest at the rate of 10% per annum and 12% per annum, respectively. Find the interest obtained after 2 years from scheme P.Solution
Amount invested in scheme P = (9/16) × 2240 = Rs. 1260 Interest earned from scheme P = 1260 × 10% × 2 = Rs. 252
Which of the following is a program that uses a variety of different approaches to identify and eliminate spam?
The term ‘ Previous year’ is defined under which section of Income Tax Act?
Ricky Ponting, an Australian Cricket Player visits India for 90 days in every financial year. This has been his practice for the past 11 financial years...
Which of the following statements are correct?
(i) Net Income (NI) Theory was propounded by David Durand.
(ii) The Net Operating Income (N...
Under the MUDRA scheme, a loan of up to ₹50,000 is categorized under which product?
A company has Fixed Costs of ₹2,00,000, a contribution margin ratio (P/V ratio) of 25%, and it achieved total sales of ₹10,00,000. Calculate the pro...
Supply of goods packed and transported with insurance. This is a..........
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
An auditor cannot audit a firm if his/her relative is indebted to the company in excess of ______
Relevant for Exams:
