CI = P [(1 + (R/100)n) – 1] => CI = x [(1 + (20/100)2) – 1] => CI = x [(36/25) – 1] => CI = 11x/25 Now, interest received was reinvested in scheme B. SI = (11x × 15 × 2)/(25 × 100) => SI = 33x/250 Amount = P + SI => 1430 = 11x/25 + 33x/250 => x = Rs.2500 Alternate Method: => (130/100) × 0.44x = 1430 => x = Rs.2500
What is the first step in the accounting cycle?
Which of the following is NOT a capital budgeting decision?
Debenture redemption reserve is transferred to which reserve:
A trial balance is an internal financial report, critical to the book-keeping and accounting process. What purpose does a trial balance serve?
Which of the following transactions is revenue expenditure?
Which of the following websites does not facilitate e-commerce?
CSR committee of a Board shall consists of ________.
Which among the following is not an Audit technique?
What was a key issue related to regulatory challenges in the Indian telecom industry?
Find out the Ordering Level from the following information:
