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ATQ, Difference between the simple interest and compound interest for two years is given by PR2/1002 Where P = sum invested and R = rate of interest ATQ, Pr2/1002 = 200 Or, r2 = (200 × 100 × 100)/3200 = 625 Or, r = 25 (Since, rate cannot be negative) Therefore, amount received by ‘Asmita’ = {(3200 × 25 × 2)/100} + 3200 = Rs.4800
For knowing the cash (liquidity) position of a company which of the ratio will be used?
Which is correct about Union Budget 2017?
i. The government targets to bring 1 crore households out of poverty ...
TReDS is the acronym for which of the following?
We very frequently read about Special Economic Zones (SEZs) in newspapers. These SEZs were established with which of the following objectives?
FEMA, 1999 replaced the Foreign Exchange Regulation Act (FERA) of _______________.
When the central bank (RBI) sells stocks and bonds in the market, the amount of money in the bank _______.
Which of the following statements is False regarding Municipality Bonds?
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000
Long-term debt of Rs.1,000,000 at...
In case of a call option when the strike price is below the spot price, the option is -
Which among the following accounting standard was applicable on The Effect of Changes in Foreign Exchange Rates?