Question
A sum of money amounts to Rs. 5600 in 5 years at simple
interest. If the principal is Rs. 4000, find the rate of interest per annum.Solution
Amount A = 5600 Principal P = 4000 Simple Interest SI = A − P = 5600 − 4000 = 1600 Formula: SI = (P × R × T) / 100 1600 = (4000 × R × 5) / 100 1600 = (4000 × 5 × R) / 100 1600 = (20000R) / 100 1600 = 200R R = 1600 / 200 = 8%
 ABC Ltd is a financing company and has given loans and advances to its subsidiary and earned an interest of Rs 1.00 lacs. This interest income is :
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
How much loan did Fusion Micro Finance obtain from the United States International Development Finance Corporation (DFC)?
Which among the following correctly describes Margin of Safety?
Henri Fayol, a French industrialist, is now recognized as the Father of Modern Management. In 1916 Fayol wrote a book entitled “Industrial and General...
Which fund do banks contribute to if they fail to meet PSL targets?
What is the loan limit for education under priority sector lending (PSL) norms as revised in March 2025 ?
Who was appointed as the CEO of NPCIBHIM Services Ltd in August 2024?
Sub-prime crisis' is a term associated with which one of the following events?
Which of the following most likely increases the wealth of shareholders?
Relevant for Exams:
