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Interest earned by Scheme A = {1600 × (R – 2) × 2}/100 = 32(R – 2) Equivalent interest rate by scheme B for 2 years = (R + R + R2/100)% Interest earned by Scheme B = (1600/100) × (R + R + R2/100)=16 × (2R + R2/100) Therefore, according to question, 16 × (2R + R2/100) – 32(R – 2)= 80 16 × (2R + R2/100 – 2R + 4) =80 R2/100 + 4 = 5 R2/100 = 1 R2 = 100 R =√100 R = 10
Government has announced a Centrally Sponsored Scheme namely, “New India Literacy Programme” (NILP). The New India Literacy Programme (NILP) has ...
A trader carries an average inventory of Rs. 40,000. His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from oper...
An Ordinary Non-Resident Account (NRO) can be opened with:
Which of the following is not a feature of a primary market?
Which of the following is an example of a risk transfer technique?
Which of the following statements regarding the classification of financial markets is/are correct?
1. Debt markets are primarily concern...
Total sales Rs. 20,00,000; Fixed expenses Rs. 4,00,000; P/V Ratio 40%; Break-even capacity in percentage is__________.
The introduction of the Standing Deposit Facility was recommended by ____ committee.
Which of the following statements regarding the classification of financial markets is/are correct?
1. Debt markets are primarily concerned with ...
Which of the following is NOT a requirement for an SME to issue an IPO and get listed on the exchange under the specified eligibility criteria?