Question
Anjali invested Rs. 3200 at (R + 6)% p.a. simple
interest and earned an interest of Rs. 2304 in 3 years. What would be the interest if the same amount is invested at R% p.a. for 2 years?Solution
ATQ,
3200 × (R + 6)/100 × 3 = 2304
Or, 96R + 576 = 2304
Or, 96R = 1728
Or, R = 18
Desired Interest = 3200 × 18/100 × 2 = Rs. 1152
Which of the following is not an output of an organization?
‘Trivial transactions can be ignored’. Which of the following accounting convention is true in context of this statement?
As per law of demand, the quantity demanded of a normal product increases with _____
Which of the following statements is true with regard to declaring and issuing of Bonus Shares?
Delegation is considered as an important principle in management. It is a part of the _______ management function
A company has a Current Asset of ₹40 lakh and Current Liabilities of ₹30 lakh. Calculate the Working Capital Gap.
Which of the following decisions do not affect the Free Cash Flow to equity?
Which of the following two Russian Bank are the first foreign lenders to have received approval from the RBI towards settling international trade transa...
Under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, what is the ceiling for availing credit guarantee for under CGS-I...
What role does the principle of transparency play in corporate governance?