A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2100 after 3 years. If the same amount is invested at 20% per annum compound interest, compounded annually for two years, then find the interest.
Let the certain sum of money be Rs.P. So, P x 0.125 x 3 = 2100 => P = Rs.5600 Desired interest = [(1.2)2 – 1] x 5600 = Rs.2464
__________ is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the com...
What is the primary purpose of a cashbook?
An account in which trading of shares is done?
Which of the following is the most volatile foreign capital?
What is GFCF?
The Reserve Bank of India has granted a banking licence to Unity Small Finance Bank Ltd (USFBL). One of its promoters is _____________.
Which of the following statement/s is/are NOT correct about Limited Liability Partnership (LLP)?
i. LLP is a not a s...
The Debt Equity ratio of a company is 0.4. Which of the following will change the Debt Equity Ratio?
Which of the following is a ratio used to know the solvency of a business?
Regarding RBI’s initiatives to manage stressed assets, match the following:
A) 5:25 P) Unviable portion of debt can be co...
