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Simple interest for 4 years = ₹1,280 Simple interest for 1 year = ₹1,280 ÷ 4 = ₹320 Principal = (Simple interest × 100) ÷ (Rate × Time) = (320 × 100) ÷ (8 × 1) = ₹4,000 For compound interest: A = P(1 + r/100)^t A = 4000(1 + 8/100)^2 = 4000(1.08)^2 = 4000 × 1.1664 = ₹4,665.6 Compound interest = A - P = ₹4,665.6 - ₹4,000 = ₹665.6 ≈ ₹666 Correct Option: b) ₹666
…………… allowance deduction is allowed only to Government employees.
Appointment of the first auditor of a government company shall be made by the ______ within ______ of registration of the company.
Time of supply means
Under process costing, which of the following is considered as normal loss?Â
Who will notify the rate of tax to be levied under CGST Act?
Who is the regulator of the corporate sector?
What is the purpose of a "CIBIL score" in the context of banking in India?
According to section 22 of The Negotiable Instruments Act 1881, A note or bill, which is not expressed to be payable on demand, at sight or on presentme...
__________ guides how to account for taxes on income.
Time of supply means