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Let the principal = Rs. x, Amount = Rs. 5x, Time = 20 years ∴ Simple Interest = Rs. (5x – x) = Rs. 4x Rate = [(4x × 100)/(x × 20)]% p.a. = 20% p.a. Now, Principal = Rs. x, Amount = Rs.2x, Rate = 20%p.a. Simple Interest = Rs. (2x − x)= Rs. x ∴ Time = (x × 100)/(x × 20) = 5 years.
What does C in MCLR stand for?
Flexible Budget is a budget with which features?
Which of the following best describes a risk averse investor?
Loans can be transferred by the transferor only after a minimum holding period (MHP) counted from the date of registration of the underlying security in...
As per the recent (April 2024) change done to SGrBs, w hich of the following statements is NOT true about Foreign Institutional Investors (FIIs) investi...
Which of the following correctly describes the nature of a plant manager’s salary?
From a machine that cost Rs.50,000 and has residual value of zero the following costs and revenues are expected to be derived over its life of 4 years:<...
ABC Ltd made an initial investment of Rs. 50,000 and earned Cash Inflows of Rs. 25000 every year till 4 years. What is the payback period for ABC Ltd?
The term float is used in:
A situation in which two moral principles conflict with one another is known as ______