Question
A sum of money doubles itself in 8 years at simple
interest. In how many years will it become four times itself at the same rate of interest?Solution
Time to double = 8 years To become four times, it will double again = 8 × 2 = 16 years Correct Option: b
Who among the following can issue Certificate of Deposits to raise short term resources?
After providing for ___________, Declaration of Dividends for the current year is made.
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• Debt: ₹40,00,000 (Pre-tax cost = 10%)...
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