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NI = GDP + NR - IBT - CC NI = National income NR = + or - Net income from assets abroad (net income receipts) IBT = Indirect business taxes CC = Depreciation NI = 3000 + 0 - 210 - 500 = 2290 Personal Income = NI - corporate taxes - retained earnings + transfer payments PI = 2290 - 50 - 25 + 500 = 2715
What sum of money must be given at simple interest for 8 months at 4% per annum in order to earn Rs. 320 interest?
A certain sum of money will be doubled in 25 years at the rate of simple interest percent per annum is:
What is the simple interest on a sum of Rs. 10,000 at a rate of 5% per annum for 3 years.
