Question
Simple interest and compound interest (compounded
annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1300 and Rs. 1430 respectively. Find the rate of interest.Solution
Simple interest for 1 year = 1300/2 = Rs. 650 Difference between compound Interest and Simple Interest for 2 years = 1430 ; 1300 = Rs. 130 Desired rate = 130/650 times; 100 = 20%
A lessee signs a 6-month lease of office space with no renewal option. Should it apply Ind AS 116 lease accounting?
Which initiative focuses specifically on promoting women entrepreneurs in the MSME sector?
The government’s GST Sahay app is designed to help MSMEs with:
What is the loan amount and tenure under the second tranche of finance provided through PM Vishwakarma Scheme?
How many digits are there in HSN code?
The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between :
Which of the following is not regarded as advantage of computerized accounting system?
Which of the following is not considered a general consideration before sourcing accounting software?Â
The GST on used car sales is ____ as per the 55th GST council meeting decisions taken in December 2024.
Digital signature, one of the important components of e-commerce is defined according to Section _________ of Information Technology Act, 2000.
Relevant for Exams:
