As per Indian Income tax Act, companies have to pay dividend distribution tax on payment of dividends to shareholders. Contrary to it, company gets tax benefit on interest payment to lenders or debt because interest is treated as expense of the company and therefore it is liable to pay tax only on net profit after deducting interest amount.
Find the total amount returned by Manish to the bank at the end of three years, when Rs.24000 is borrowed at the rate of (25/2)% compounded annually?(ca...
A certain sum of money becomes 4000 in 6 years and Rs. 5400 in 10 years at any certain rate of simple interest. Find the principal amount.
A sum of Rs. 3900 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
The compound interest (compounded annually) on Rs 8200 for 2 years at R% p.a is Rs 1722. Had the rate of interest been (R+10)% p.a what would have been ...
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount fo...
Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 year...
A man invested a certain amount of sum at 20% per annum simple interest and earned an interest of Rs 2700 after 3 years. If the same amount is invested ...
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount fo...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs. 2700 after 3 years. If the same amount is...
A certain sum of money becomes 4500 in 6 years and Rs. 5500 in 10 years at any certain rate of simple interest. Find the principal amount.