Let the sum invested = Rs. P Then, total amount returned = Y × {1 +(10/100)}2 = 6292 Or Y × 1.21 = 5808 So, Y = 6292 ÷ 1.21 = 5200 The sum invested at simple interest = 52500 × 1.20= Rs. 6240 Simple interest received = 6240 × 9 × n ÷ 100=2700 56160n=270000 n=270000/56160 =4.8%
Which among the following is the correct formula for value of right under the rights issue?
The provisions on ________assets should not be reckoned for arriving at net NPAs.
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an International Bank. Th...
Which of the following are the recent reforms taken by the Government?
I- Improved fiscal transparency and realistic revenue assumptions in the B...
What should be the minimum net worth of Authorized Fund Management entity in IFSC under Fund Management Entity regulations given by IFSCA
A company's financial statements show a profit margin of 15% and a return on equity (ROE) of 20%. What is the company's asset turnover ratio assuming fi...
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When traders first sell securities without first borrowing them or having possession of those securities, that is called:
________ examines and evaluates a firm's or individual's financial records to derive evidence used in a court of law or legal proceeding.
What is the feature launched by ICICI Lombard General Insurance for health insurance policyholders to avail cashless facilities at any hospital?
