Basics of Finan...

An annuity is?

Mrs. S deposited Rs. $$1,00,000$$ in a nationalized bank for $$3$$ years. If the rate of interest is $$7\%$$ p.a., Interest is compounded annually. Calculate the amount at the end of third year (i.e., Principal $$+$$ compound interest)

A sum of Rs. $$1,200$$ becomes Rs. $$1,323$$ in $$2$$ years at compound interest compounded annually. Find the rate per cent.

Find the compound interest for Rs. $$1,000$$ for $$4$$ years at $$5\%$$ p.a. When the interest is compounded annually.

Tanishka deposited Rs. $$50,000$$ in a bank for two years with the interest rate of $$5.5\%$$ p.a. How much interest would she earn?

The S.I. accrued on an amount of Rs. $$25,000$$ at the end of three years is Rs. $$7,500$$. What would be the C.I. accrued on the same amount at the same rate in the same period?

What will be the C.I. on a sum of Rs. $$25,000$$/- after $$3$$ years at the rate of $$12\%$$p.a?

Which of the following is not an effect of simplification of procedural aspects in Taxation?

If $$P=Rs. 1,000$$, R$$=5\%$$, p.a., $$n=4$$; What is amount and CI?

Which of the following is not part of the Taxation Reforms in 1991?