Financial assets held: § to collect contractual cash flows and § represent the financial asset of cash flows that are solely payments of principal and interest on the principal amount outstanding Treatment · initially measured at fair value and · subsequently at amortised cost
Rs. (2x + 400) is invested at a rate of 20% per annum, yielding an interest of Rs. 3200 after 4 years. Calculate the interest earned when Rs. (x + 100) ...
Suresh deposited Rs. ‘Q’ in a bank offering compound interest of 7% p.a. compounded annually. After 5 years, he invested the amount received from th...
An amount of Rs. (y-2800) was invested on simple interest at the rate of (R+1)% per annum for 6 years. An another amount of Rs. (y+3200) was invested on...
An investment of ₹15,000 is made for 4 years at an annual compound interest rate of 6%. After 2 years, ₹5,000 is withdrawn. Calculate the approxima...
A principal amount is invested at an annual simple interest rate of R%, growing to Rs. 9,500 over 5 years and Rs. 13,100 over 9 years. Calculate the tot...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1400 and simple interest of Rs.1250 at the end of 2 year...
Naina lent Rs. 9,800 to Mohini for 4 years and Rs. 8,800 to Mitali for 6 years on simple interest at the same rate of interest and received Rs. 11,040 i...
On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
A man invested Rs. 16,000 at simple interest of 'x%' p.a. and received Rs. 32,000 after 2 years. If he had invested Rs. 21,000 at simple interest of 'x%...
A certain amount of money, when invested at a simple interest rate of 'r%' per annum, grows to 6 times its original value in 24 y...
