Question
Simple interest earned on an amount of Rs. 1000 at rate
of R% per annum after 4 years is Rs. 200. Find the simple interest earned on an amount of Rs. 1600 at rate of (R + 6)% per annum after 3 yearsSolution
According to question, 200 = 1000 × R% × 4 R = 5 Therefore, required interest = 1600 × (5 + 6)% × 3 = Rs. 528
Which type of analysis involves comparing the financial ratios of different firms at the same point in time?
Which of the following will be the features of Zero Risk?
I. It does not have any uncert...
Which benchmark has been mandated by RBI for floating rate loans to retail and MSME borrowers?
What is the minimum limit for investment in the Sovereign Gold Bond Scheme?
Which term refers to the specific rate of interest carried by a bond?
Which of the following documents’ information is considered for calculating the investment in plant and machinery or equipment , for an existing enter...
Sale of an inventory of a firm would be classified as a:
Cost or expenses must be recorded at the same time as the revenue to which they correspond is specified by which principle?
What financial situation does an entity face if it is described as having negative working capital?
Which instrument represents the ownership of a company in the capital market?
