Question
Rs. 6,600 is invested in scheme ‘A’ offering simple
interest of 13% p.a. and Rs. 2500 in scheme ‘B’ offering simple interest of 4% p.a. What is the difference in interests earned from the two schemes after 3 years?Solution
Interest earned from scheme ‘A’ = (6600 × 3 × 13) ÷ 100 = Rs. 2574 Interest earned from scheme ‘B’ = (2500 × 3 × 4) ÷ 100 = Rs. 300 So, difference in interest earned = 2574 – 300 = Rs. 2274
A company is preparing its annual budget and decides that no department will automatically receive last year’s allocation. Instead, every activity mus...
In cost accounting, there are various methods used to assign costs to different segments of a business. The allotment of whole items of cost to cost cen...
Goods purchased ₹1,00,000. Sales ₹90,000. Margin 20% on cost. Closing Inventory = ?
What is the emphasis in non-punitive reporting culture in reporting procedures?
In the context of leadership communication, what does "active listening" primarily involve?
Security firms are primarily exposed to
What is the primary function of Credit Information Companies (CICs)?
What is the new INR Swap Window support included in the SAARC Currency Swap Framework for 2024-2027?
Under the RBI Integrated Ombudsman Scheme, 2021 , which of the following is not a ground for filing a complaint before the Ombudsman?
...In the MSME Sustainable (ZED) Certification Scheme, which aspect is primarily emphasized at the Silver Certification Level?
Relevant for Exams:
