Mathematics for Finance

422 Practice MCQs available for CA Foundation

All 422 Questions

1188

$P 8,000/-$ at $10\%$ p.a. interest compounded half yearly will become at the end of one year

1175

If $P 1,000$ be invested at interest rate of $5\%$ and the interest be added to the principal every $10$ years, then the number in years in which it will amount to $P 2,000$ is:

1176

A person borrows $P 5,000$ for $2$ years at $4\%$ per annual simple interest. He immediately lends to another person at $6.25\%$ per annum for $2$ years find his gain in the transaction for year:

1177

If an amount is kept at S. I. it earns an interest of $P 600$ in first two years but when kept at compound interest it earns an interest of $P 660$ for the same period, then the rate of interest and principal amount respectively are:

1178

If $P 10,000$ is invested at $8\%$ p.a. compounded quarterly, then the value of the investment after $2$ years is. (Given $(1.02)^8 = 1.171659)$

1179

A bank pays $10\%$ rate of interest compounded annually. A sum of $P 400$ is deposited in the bank. The amount at the end of $1$ year will be

1180

A certain amount of money doubles itself in $10$ years when deposited on simple interest. It would triple itself in

1181

A man deposited $P 8,000$ in a bank for $3$ years at $5\%$ per annum compound interest, after $3$ years he will get

1182

If in two years' time a principal of $P 100$ amounts to $P 121$ when the interest at $r\%$ is compounded annually, then the value of $r$ is

1183

A certain sum of money $Q$ was deposited for $5$ years and $4$ months at $4.5\%$ simple interest and amounted to $P 248$, then the value of $Q$ is

1184

If compound interest on a sum for $2$ years at $4\%$ per annum is $P 102$, then the simple interest on the same sum for the same period at the same rate will be

1185

If the difference between the compound interest compounded annually and simple interest on a certain amount at $10\%$ per annum for two years is $P 372$, then the principal amount is

1186

The effective rate of interest for one year deposit corresponding to a nominal $7\%$ rate of interest per annum convertible quarterly is

1187

How much will $P 25,000$ amount to in $2$ years at compound interest if the rates for the successive years are $4\%$ and $5\%$ per year

1196

A man invests $P 12,000$ at $10\%$ p.a. and another sum of money at $20\%$ p.a. for one year. The total investment earns at $14\%$ p.a. simple interest the total investment is:

1197

The difference in simple interest of a sum invested of $P 1,500$ for $3$ years is $P 18$. The difference in their rates is

1198

Find the effective rate of interest on $P 10,000$ on which interest is payable half yearly at $5\%$ p.a.

1199

Find the effective rate of interest at $10\%$ p.a. which interest is payable quarterly

1200

What will be the population after $3$ years when present population is $P 25,000$ and population increases at the rate of $3\%$ in $1^{st}$ year, at $4\%$ in $2^{nd}$ year and $5\%$ in $3^{rd}$ year?

1201

The value of scooter is $P 10,000$ find its value after $7$ years if rate of depreciation is $10\%$ p.a.

1202

SI $= 0.125P$ at $10\%$ p.a. Find time.

1203

Scrap value of a machine valued at $P 10,00,000$, after $10$ years within depreciation at $10\%$ p.a.:

1204

The difference between CI and SI for $2$ years, is $P 21$. If rate of interest is $5\%$ find principal

1205

On what sum will the compound interest at $5\%$ per annum for $2$ years compounded annually be $3,280$?

1206

An amount $P$ becomes $5,100.5$ and $5,203$ after second and fourth years respectively at $1\%$ of interest per annum compounded annually. This value of $P$ and $R$ are

1207

A certain sum invested at $4\%$ per annum compounded semi-annually amounts to $1,20,000$ at the end of one year. Find the sum:

1208

Find the compound interest if an amount of $50,000$ is deposited in bank for one year at the rate of $8\%$ per annum compounded semi-annually.

1209

An amount is lent at a nominal rate of $4.5\%$ per annum compounded quarterly. What would be the gain in rupees over when compounded annually?

1210

What sum of money will produce $42,800$ as an interest in $3$ years and $3$ months at $2.5\%$ p.a. simple interest?

1211

The ratio of principal and the compound interest value for three years (compounded annually) is $216:127$. The rate of interest is:

1212

A certain sum amounted to $575$ at $5\%$ in a time in which $750$ amounted to $840$ at $4\%$. If the rate of interest is simple, find the sum -

1213

Find the amount of compounded interest, if an amount of $50,000$ is deposited in a bank for one year at the rate of $8\%$ per annum compounded semiannually

1214

The population of a town increase by $2\%$ of the population at the beginning of the year. The number of year by which the total increases in population would be $40\%$ is:

1215

Two equal amounts of money are deposited in two banks each at $15\%$ p.a. $3.5$ year in the bank and for $5$ years in the other. The difference between the interest amount from the bank in $144$. Find the sum

1216

The simple interest on sum at $4\%$ p.a. for $2$ years is $80$. Find the CI on the same sum for the same period.

1217

Which is a better investment $9\%$ p.a. compounded quarterly or $9.1\%$ p.a. simple interest?

1218

The effective rate of interest corresponding to a nominal rate of $7\%$ p.a. compounded quarterly

1219

A man invested one-third of his capital at $7\%$, one fourth at $8\%$ and the remainder at $10\%$. If the annual income is $561$. The capital is -

1220

A sum of money is lent at C.I. rate $20\%$ p.a. $2$ years. It would fetch $482$ more if the interest is compounded half yearly. The sum is:

1189

The certain sum of money became $P 692$ in $2$ years and $P 800$ in $5$ years then the principal amount is

1191

A sum was invested for $3$ years as per C.I. and the rate of interest for first year is $9\%$, $2^{nd}$ year is $6\%$ and $3^{rd}$ year is $3\%$ p.a. respectively. Find the sum if the amount in three years is $P 550$?

1192

If $P = P 5,000$ $R = 15\%$ $T = 4 \frac{1}{2}$ years using $i = \frac{PTR}{100}$ then $I$ will be

1193

The effective rate of interest does not depend upon

1194

If $P = P 2,96$, and $R = 8\%$ compounded annually then $P =$

1195

In SI if the principal is $P 2,000$ and the rate and time are the roots of the equation $x^2 - 11x + 30 = 0$ then SI is

1227

A sum of $x$ amounts to $27,900$ in $3$ years and to $41,850$ in $6$ years at a certain rate percent per annum, when the interest is compounded yearly. The value of $x$ is:

1228

Rahul invested $70,000$ in a bank at the rate of $6.5\%$ p.a. simple interest rate. He received $85,925$ after the end of term. Find out the period for which sum was invested by Rahul.

1229

A company needs money to $10,000$ in five years to replace as equipment. How much (in $) should be invested now at an interest rate of $8\%$ p.a. is order to provide for this equipment?

1230

R needs money to pay $5,00,000$ in $10$ years. He invested a sum in a scheme at $9\%$ rate of interest compounded half-yearly. How much amount (in $) he invested? $1.046^{20}=2.41171$

1231

An amount is lent at $R\%$ simple interest for $R$ years and the simple interest amount was one-fourth of the principal amount. Then $R$ is

1232

A sum of money is put at $20\%$ compound interest rate p.a. at which year the aggregated amount just exceeds the double of the original sum?

1235

A machine worth $4,90,740$ is depreciated at $15\%$ on its opening value each year. When would its value reduce to $2,00,750$?

1236

If $64$ amount to $83.20$ in $2$ years, what will $86$ amount to in $4$ years at the same Rate percent per annum?

1237

A farmer borrowed $3,600$ at the rate of $15\%$ simple interest p.a. At the end of $4$ years, he cleared this account by paying $4,000$ and a cow. The cost of the cow is:

1238

The effective annual rate of interest corresponding to a normal rate of $6\%$ per annum payable half yearly is:

1239

Mr. Prakash invested money in two schemes 'A' and 'B' offering compound interest at the rate of $8\%$ and $9\%$ p.a. respectively. If the total amount of interest accrued through these two schemes together in two years was $4,816.30$ and total amount invested was $27,000$. What was the amount invested in schemes 'A'?

1240

A sum of money invested compound interest double itself in four years. In how many years it become $32$ times of itself at the same rate of compound interest?

1241

The difference between compound interest and simple interest on an amount of $15,000$ for $2$ years is $96$. What is the rate of interest p.a.?

1242

A sum of money doubles itself in $4$ years at certain compound interest rate. In how many years this sum will become $8$ times at the same compound interest rate?

1243

Mr. Ram invested a total of $1,00,000$ in two different banks for a fixed period. The first bank yields an interest of $9\%$ p.a. and second, $11\%$ per annum. If the total interest at the end of one year is $9.75\%$ p.a., there the amount invested in these banks are respectively:

1244

The nominal rate of interest is $10\%$ per annum. The interest is compounded quarterly. The effective rate of interest per annum will be:

1245

The difference between compound interest and simple interest on a certain sum of money invested for $3$ years at $6\%$ per annum is $110.16$. The principal is

1246

A machine depreciates $10\%$ of its value at the beginning of the year. The cost and scrap value realized at the time of sale being $23,240$ and $9,000$ respectively. Approximately, for how many years the machine is put to use?

1247

The population of a town increases every year by $2\%$ of the population at the beginning of that year. The approximate number of years by which the total increase of population will be $40\%$, is (Given $1.02^x = 1.17166$)

1248

The compound interest on $15,625$ for $9$ months at $16\%$ per annum compounded quarterly is:

1277

The compound interest on a certain sum is $200$ $209$ simple interest is $200$ for $2$ years. What is the rate per cent for $2$ years?

1222

The effective rate of return for $24\%$ per annum convertible monthly is given as:

1223

What is the compound interest (in $) on a sum of $12,600$ for $1.25$ years at $20\%$ per annum if the interest is compounded half yearly?

1224

A sum of $7,500$ amounts to $9,075$ at $10\%$ p.a., interest being compounded yearly in a certain time. The simple interest on the same sum for the same time and the same rate is:

1225

A certain sum amounts to $15,748$ in $3$ years at simple interest at $1\%$ p.a. The same sum amounts to $16,510$ at $r+2\%$ p.a. SI in the same time. What is the value of $r$?

1233

In how much time a sum of amount doubles at simple interest at $12.5\%$ rate?

1234

The effective rate of interest corresponding to a nominal rate of $7\%$ p.a. convertible quarterly.

1249

Jonny wants to have $2,00,000$ in his saving account after three years. The rate of interest offered by bank is $8\%$ per annum compounded annually. How much should he invest today to achieve his target amount?

1250

Jonny wants to have $2,00,000$ in his saving account after three year. The rate of interest offered by bank is $8\%$ per annum compounded annually. How much should he invest today to achieve his target amount?

1251

What is the effective rate of interest when principal amount $50,000$ deposited in a nationalized bank for one year, corresponding to a nominal rate interest $8\%$ per annum compounded quarterly [$1.02^8 = 1.0824$]

1252

Manoj invests $12,000$ at $6\%$ per annum simple interest to obtain a total amount of $14,880$. What is the time for which the amount was invested?

1253

Mr. X makes a deposit of $50,000$ in the bank for a period $2.5$ years. If the rate of interest is $12\%$ per annum compounded half yearly, then the maturity value of the money deposited by Mr. X is: (where $(1.06)^5 = 1.3382$)

1254

A machine costing $1,00,000$ has useful life of $10$ years. If the rate of depreciation is $12\%$ what is scrap value of the machine at the end of life? Given $(0.88)^{10} = 0.27850$

1255

Compute the compound interest on $6,000$ for $1.25$ years at $8\%$ per annum. Interest will be compounded quarterly

1256

The population of a city increases at the rate of $5\%$ every year. What will be the population of the city in the year $2023$, if its population in $2021$ was $1,00,000$?

1257

Mr. XYZ invested $60,000$ in a nationalized bank in the form of fixed deposit at the rate of $7.5\%$ per annum simple interest rate. He received $83,500$ after the end of the term of fixed deposit. Calculate the period for which $60,000$ was invested in fixed deposit.

1264

What is the effective rate of interest when principal amount of $50,000$ deposited in a nationalized bank for one year, corresponding to a nominal rate of interest $6\%$ per annum payable half yearly?

1265

Kanta wants to accumulate $4,91,300$ in her savings account after three years. The rate of interest offered by bank is $6\%$ per annum compounded annually. How much amount should she invest today to achieve her target amount?

1266

The sum required to earn a monthly interest of $1,200$ at $18\%$ per annum simple interest is:

1267

The compound interest on $40,000$ at $12\%$ per annum compounded quarterly for $6$ months is:

1268

At a certain rate of interest per annum, the difference between the compound interest and simple interest on $3,00,000$ for two years is $2,400$, then the rate of interest per annum is:

1269

Mr. X makes a deposit of $12,000$ in a bank where the amount doubles at compound interest in $5$ years, then what will be the total amount he will have after twenty years?

1270

A sum of money doubles itself at compound interest in $10$ years. In how many years will it become eight times

1271

The time in which a sum of money will be doubled at $6\%$ compound interest compounded interest compounded interest compounded annually approximately.

1272

A lent $6000$ to B for $2$ years and $1500$ to C for $4$ years and received total interest of $900$ from both. The rate of interest when simple interest method calculated.

1273

If the difference between the interests received from two different banks on $5000$ for $2$ years is $50$ then the difference between this rates.

1274

The simple interest of $P\%$ for $P$ years will be $P$ on a sum of:

1275

Nominal rate of Interest $9.9\%$ p.a. If Interest is compounded monthly. What will be the effective rate of Interest? (Given $\left( \frac{4033}{4000} \right)^{12} = 1.1036$ )

1276

A machine worth of $4,90,740$ is depreciated at $15\%$ on its opening value each year. When its value reduces to $2,00,000$.

1260

If the interest rate on a loan is $1\%$ per month, the effective annual rate of interest is:

1261

Ram borrowed $5,000$ at $12.5\%$ per annum compound interest. The money was repaid after $3$ years. The total interest paid by him approximately is $(1+0.125)^3 = 1.4238$

1262

Find the effective rate of interest if an amount of $40,000$ deposited in a bank for $1$ year at the rate of $10\%$ compounded semi-annually

1263

The value of a machine depreciates every year at the rate of $10\%$ per annum, on its value at the beginning of that year, if the present value of the machine is $72,900$, then machine's worth $3$ years ago was:

1278

The value of a machine depreciates $12\%$ annually. If the present value of $68,150$ then its value in $3$ years ago was.

1279

What principal will amount to $370$ in $6$ years at $8\%$ p.a. at simple interest

1280

The effective rate of interest on an amount $25,000$ is deposited in a bank for one year at value of $6\%$ per annum compounded semi-annually is

1281

A Sum of money doubles itself in $10$ years. The number of years it would be trebled itself is:

1282

A certain money doubles itself in $10$ years when deposited on simple interest. It would triple itself in.

1283

A man deposited $8,000$ in a bank for $3$ years at $5\%$ per annum compound interest, after $3$ years he will get

1284

The effective rate of interest for one year corresponding to a nominal at $7\%$ rate of interest per annum convertible quarterly is

1285

The population of a town increases every year by $2\%$ of the population beginning of that year. The number of years by which the total increase of population be $40\%$ is

1291

Simple interest on $3500$ for $3$ years at $12\%$ per annum is

1292

$1000$ is invested at annual rate of interest of $10\%$ p.a. The amount after two years if compounding is done annually is ________.

1293

If a person invests $3,000$ in a three years' investment that pays $12\%$ per annum. Calculate the future value of the investment.

1294

A person deposited a sum of $10,000$ in a bank. After $2$ years, he withdrew $4,000$ and at the end of $5$ years, he received an amount of $7,900$; then the rate of simple interest is:

1295

A trust fund has invested $30,000$ in two different types of bonds which pays $5\%$ and $7\%$ interest respectively. Determine how much amount is invested in second type of bond if trust obtains an annual total interest of $1600$.

1296

At six months intervals A deposited $1000$ in a savings account which credit interest at $10\%$ p.a., compounded semi-annually. The first deposit was made when A's son was $6$ months old and last deposit was made when his son turns $8$ years old. The money remained in the account and was given to the son on his $10^{th}$ birthday. How much did he receive? $(1.05)^{16} = 2.1829$

1297

What is the effective rate of interest if the nominal rate $5\%$ p.a converted quarterly?

1298

A sum of money doubles itself at compound interest in $10$ years. In how many years will it become eight times?

1299

Certain sum of money borrowed at simple interest amount to Rs.$2688$ in three years and to $2784$ in four years at the rate p.a. equal to.

1300

A sum of $46,875$ was lent out at simple interest and at the end of $1$ year $8$ months the total amount was $50,000$. Find the rate of interest percent per annum.

1301

$A = 5,200, R = 5\%$ p.a., $T = 6$ years, $P$ will be

1302

The time by which a sum of money would treble itself at $8\%$ p.a. C. I. is

1303

A machine depreciates at $10\%$ of its value at the beginning of a year. The cost and scrap value realized at the time of sale being $23,240$ and $9,000$ respectively. For how many years the machine was put to use?

1304

The compound interest on half-yearly rests on $10,000$ the rate for the first and second years being $6\%$ and for the third year $9\%$ p.a. is

1305

The effective rate of interest corresponding to a nominal rate $3\%$ p.a payable half yearly is

1306

A sum of money triples itself in $18$ years under simple interest, what is the rate of interest p.a.?

1307

What time will be required for a sum of money to double itself at $8\%$ Simple interest?

1308

The difference between simple interest and compound interest on a sum of $6,00,000$ for two years is $6000$. What is the annual rate of interest?

1287

$10,000$ is invested at annual rate of interest of $10\%$ p.a. The amount after two years at annual compounding is

1288

The annual birth rate and death rate per $1000$ are $39.4$ and $19.4$ respectively. The number of years in which population will be doubled assuming that there is no immigration or emigration approximately.

1289

If the effective rate of interest is $11\%$ per annum and the interest is compounded quarterly, the nominal rate of interest per annum is

1290

The difference between CI and SI on a certain money invested for three years at $6\%$ per annum is $110.16$. The sum is

1309

What is the sum of money will amount to $1035.50$ in four years at compound interest for $1$st, $2$nd, $3$rd and $4$th years being $4\%$, $3\%$, $2\%$ and $1\%$ respectively?

1310

A Machine was purchased for $10,000$. Its rate of depreciation is $10\%$ in the first year and $5\%$ per annum afterwards. Find the depreciated value of Machine after $7$ years of purchase.

1312

What will be the population after three years when present population is $25,000$ and population increases at the rate $3\%$ in first year, $4\%$ in second year and $5\%$ in third year?

1313

$SI = 0.125 P$ at $10\%$ p.a find the time

1314

$8,000$ becomes $10,000$ in two years at simple interest. The amount that will become $6,875$ in $3$ years at the same rate of interest is:

1315

The difference between the simple and compound interest on a certain sum for $3$ year at $5\%$ p.a. is $228.75$. The compound interest on the sum for $2$ years at $5\%$ p.a. is:

1316

A sum of money doubles itself in $10$ years. The number of years it would treble itself is:

1317

The effective rate equivalent to nominal rate of $6\%$ compounded monthly is:

1318

A person borrows $5,000$ for $4$ years at $4\%$ p.a. simple interest. He immediately lends to another person at $6.25\%$ p.a. for $2$ years. Find his gain in the transaction per year:

1319

The cost of machinery is $1,25,000/-$ if its useful life is estimated to be $20$ years and the rate of depreciation of its cost is $10\%$ p.a., then the scrap value of the Machinery is

1320

If A person invests $5,000$ in a three years' investment that pays $12\%$ per annum. Calculate the future value of the investment.

1321

Two equal sums were lent out at $7\%$ and $5\%$ simple interest respectively. The interest earned on the two loans adds up to $960$ for four years. Find the total sum lent out.

1323

The annual birth and death rates per $1000$ are $39.4$ and $19.4$ respectively. The number of years in which the population will doubled assuming there is no immigration or emigration is:

1324

The effective annual rate of interest corresponding to nominal rate $6\%$ p.a. payable half yearly is

1325

The cost of machinery Rs.$1,25,000$ if its useful life estimated to the $20$ years and the rate of depreciation of its cost is $10\%$ p.a. Then scrap value of machinery is

1326

If a SI on a sum of money at $6\%$ p.a for $7$ years is equal to twice of simple interest on another sum for $9$ years at $5\%$ p.a. The ratio will be

1327

In what will be a sum of money double itself at $6.25\%$ p.a. Simple interest?

1328

What will be population after $3$ years when present population is $25,000$ and population increase at the rate of $3\%$ in first year , at $4\%$ in second year and at $5\%$ in third year ?

1329

A sum amount to Rs. $1331$ at a principal of Rs.$1000$ at $10\%$ CI. Find the time

1330

The sum of money doubles itself in $10$ years. The number of years it would treble itself is:

1331

Arun purchased a vacuum cleaner by giving $1700$ as cash down payment, which will be followed by five EMIs of $480$ each. The vacuum cleaner can also be bought by paying $3900$ cash. What is the approx. rate of interest p.a. (at simple interest) under this instalment plan?

1332

If a sum triples itself in $15$ years at simple rate of interest, the rate of interest per annum will

1333

What will be population after $3$ years when present population is $25,000$ and population increases at the rate of $3\%$ in $1$ year, at $4\%$ in $II$ year and $5\%$ in $III$ year?

1334

He effective rate of interest equivalent to the nominal rate of $7\%$ converted monthly:

1335

How much will be Rs.$25,000$ in $2$ years at compound interest if the rates for the successive years are at $4\%$ and $5\%$ per year

1338

A sum of money gets doubled in $5$ years at $X\%$ simple interest. If the interest was $Y\%$, the sum of money would have become ten-fold in thirty years. What is $Y - X$ (in $%$)

1322

A sum of money amounts to $20,800$ in $5$ years and $22720$ in $7$ years. Find the principle and rate of interest.

1336

A sum of $46,875$ was lent out at simple interest and at the end of $1$ year $8$ months, the total amount was $50,000$. Find the rate of interest per annum.

1337

A sum of money amount to $6,200$ in $2$ years and $7,400$ in $3$ years. The principal and rate

1399

The simple interest on $600$ for 9 months is $27$. Find the interest rate.

1340

The sum required to earn a monthly interest of Rs $1200$ at $18\%$ per annum Simple Interest is

1341

The compound interest earned by a money lender on $7,000$ for $3$ years at the rate of interest for $3$ years are $7\%$, $8\%$ and $8.5\%$ is

1342

A Maruti Zen cost $3,60,000$. Its price depreciates at the rate of $10\%$ p.a. during the first two years and at the rate of $20\%$ in third year. Also find the total depreciation.

1343

In what time will be a sum of money doubles itself at $6.25\%$ p.a simple interest?

1344

The difference between the simple and compound interest on a certain sum of $3$ years at $5\%$ p.a is $22.75$. The compound interest on the sum of for $2$ years at $5\%$ per annum is

1345

How much time would the SI on a certain sum be $0.125$ times the principal at $10\%$ p.a.

1346

The time in by which a sum of money is $8$ times of itself if it doubles itself in $15$ years interest compounded annually.

1347

Present value of a scooter is $7,290$. Its value decreases every year by $10\%$ then the value before $3$ years is equal to

1348

Find the effective rate of interest at $10\%$ p.a when the interest is payable quarterly.

1349

The difference between in simple interest on a sum invested of $1500$ for $3$ years is $18$. The difference in their rate is

1352

In how many years will a sum of money become double at $5\%$ p.a compound interest

1350

What will be the population after $3$ years when present population is $25000$, if the population increases at the rate $3\%$ in I year, $4\%$ in II year and $5\%$ in III year.

1351

If $10,000$ is invested at $8\%$ per annum, then compounded quarterly. Then value of investment after $2$ years is.

1353

Find the effective rate of interest if an amount of $30,000$ deposited in a bank. For $1$ year at the rate of $10\%$ p.a. compounded semi-annually.

1354

The present population of a town is $25,000$. If it grows at the rate of $4\%$, $5\%$, $8\%$ during $1^{st}$ year, $2^{nd}$ year, $3^{rd}$ year respectively. Then find the population after $3$ years.

1355

The present value of a scooter is $7290$. The rate of depreciation is $10\%$. What was its value $3$ years ago?

1357

The difference between simple interest and compound interest on a certain for $2$ years at $10\%$ p.a is $10$. Find the sum.

1358

In how many years will a sum of money becomes four times at $12\%$ p.a. simple interest?

1359

The effective rate of interest does not depend on

1360

Find the effective rate of interest at $10\%$ p.a. When interest is payable quarterly.

1361

In simple interest if the principle is $2,000$ and the rate and time are roots of the equation $x^2 - 11x + 30 = 0$

1362

Rajesh deposits $3,000$ at the start of each quarter in his savings account. If the account earns interest of $5.75\%$ per annum compounded quarterly, how much money (in $) will he have at the end of $4$ years? [Given that $(1.014375)^{16} = 1.25654$]

1363

The annual rate of simple interest is $12.5\%$. In how many years does principal doubles?

1364

Certain sum of money borrowed at simple interest to $2688$ in three years and to $2784$ in four years at the rate per annum equal to -

1365

An investment is earning compounded interest $100$ invested in the year $2$ accumulated to $105$ by year $4$. If $500$ is invested in the year $5$, will become $____$ by year $10$.

1366

An investor is saving to pay off an obligation of $15,250$ which will due in seven years, if the investor is earning $7.5\%$ simple interest rate p.a., he must deposit to meet the obligation.

1367

The value of the scooter is $1,00,000$ find its depreciation is $10\%$ p.a. Calculate depreciable value (WDV) at the end of seven years.

1368

Effective rate of interest does not depend on

1369

A man invests $12,000$ at $10\%$ p.a. and another sum of money at $20\%$ p.a. for one year. The total investment earns at $14\%$ p.a. simple interest the total investment is:

1371

Find the effective rate of interest on $10,000$ on which CI is payable half yearly at $5\%$ p.a.

1373

The value of scooter is $10,000$. Find its value after $7$ years if rate of depreciation is $10\%$ p.a.

1374

The Difference between the CI and SI for $2$ years is $21$. If the rate of interest is $5\%$, the final principal is:

1375

Mr. X lent some amount of money at $4\%$ S.I. and he obtained $520$ less than he lent in $5$ years. The sum lent is

1376

$8,829$ is invested into three different sectors in such a way that their amounts at $4\%$ p.a. S.I. after $5$ years; $6$ and $8$ years are equal. Find each part of the sum.

1377

$80,000$ is invested to earn a monthly interest of $1,200$ at the rate of ______ p.a. SI

1378

A trust fund has invested $27000$ money in two schemes 'A' and 'B' offering compound interest at the rate of $8\%$ and $9\%$ per annum respectively. If the total amount of interest accrued through these two schemes together in two years was $4818.30$. What was the amount invested in schemes 'A'?

1379

A sum of money invested of compound interest double itself in four years. In how many years it become $32$ times of itself at the same rate of compound interest.

1380

The difference between compound interest and simple interest on an amount of $15,000$ for $2$ years is $96$. What is the rate of interest per annum?

1381

Mr. A invested $X$ in an organization, it amounts to $150$ at $5\%$ p.a. S.I. and to $100$ at $3\%$ p.a. S.I. Then the value of $X$ is

1382

Mrs. Sudha lent $4,000$ in such a way that some amount to Mr. A at $3\%$ p.a. S.I. and rest amount to B at $5\%$ p.a. S.I., the annual interest from both is $144$. Find the amount lent to Mr. A.

1383

A certain sum of money becomes double at $5\%$ rate of S.I. p.a. in a certain time, the time in years is

1384

A certain sum of money amounts to $5,000$ in $5$ years at $10\%$ p.a. In how many years will it amount to $6,000$ at same rate of S.I. p.a.

1385

$1,25,000$ is borrowed at compound interest at the rate of $2\%$ for the $1$st year, $3\%$ for the $2$nd year and $4\%$ for the $3$rd year. Find the amount to be paid after $3$ years

1386

A certain sum of money amounts to double in $5$ years placed at compound interest. In how many years will it amount to $16$ times at same rate of interest?

1387

If the compound interest on a certain sum of money for $2$ years at $5\%$ p.a. be $50.44$, then the simple interest (S.I.) is

1388

If the difference between C.I. and S.I on a certain sum of money at $5\%$ p.a. for $2$ years is $1.50$. Find the sum of money

1389

The amount charged for a defined length of time for uses of principal, generally on year basis is known as

1390

The sum required to earn a monthly interest of Rs.$1200$ at $18\%$ P.a Simple Interest is -

1391

Sachin deposited Rs.$1,00,000$ in his bank for $2$ years at simple interest of $6\%$. How much interest would he earns? How much final value of deposit

1392

The ratio of principal and the compounded interest value for three years (Compounded annually) is $216:127$. The rate of interest is

1393

The Compounded interest Rs.$8000$ for $6$ months at $12\%$ p.a payable quarterly is

1394

The annual birth and death rates per $1,000$ are $39.4$ and $19.4$ respectively. The number of years in which the population will be doubled assuming there is no immigration or emigration is

1395

The SI on sum of money at $6\%$ p.a for 7 years is equal to twice of SI on another sum for 9 years at $5\%$ p.a. The ratio will be

1396

Nominal Rate of Interest is $9.9\%$ p.a. If Interest is compounded monthly, what will be effective rate of Interest.

1397

The population of a town increases by $2\%$ of the population at the beginning of the year. The number of years by which the total increases in population would be $40\%$ is

1398

A sum of money invested in compounded interest doubles itself in four years. In how many years it becomes 32 times of itself as the same rate of compound interest?

1401

A certain sum of money was put at S.I. for $2.5$ years at a certain rate of S.I. p.a. Had it been put at $4\%$ higher rate, it would have fetched $500$ more. Find the sum of money.

1402

Rs.$1,25,000$ is borrowed at compound interest at the rate of $2\%$ for the 1st year, $3\%$ for the second year and $4\%$ for the 3rd year. Find the amount to be paid after 3 years.

1403

If the Compound Interest on a certain sum of money for 2 years at $4\%$ p.a. be $510$, then its simple Interest (S.I.) of same time at same rate of interest is

1404

How long will it take for a principal to double if money is worth $12\%$ compounded monthly?

1405

The difference between compound interest and simple interest on a certain sum for 2 years @ $10\%$ p.a. is $100$. Find the sum:

1406

If a simple interest on a sum of money at $6\%$ p.a. for 7 years is equal to twice of simple interest on another sum for 9 years at $5\%$ p.a. The ratio will be:

1407

How much money is required to be invested every year as to accumulate Rs.$6,00,000$ at the end of 10 years, if interest is compounded annually at $10\%$ rate of interest?

1408

The Scrap value of machine valued at Rs.$10,00,000$ after 15 years of depreciation is $10\%$ p.a.

1409

The effective annual rate of interest corresponding to nominal rate $6\%$ p.a. payable quarterly is:

1410

If the difference between the compound interest compounded annually and simple interest on a certain amount at $10\%$ per annum for two years is $372$, then the principal amount is.

1411

What will be the population after 3 years , when present population is $1,00,000$ and the population increases at $3\%$ in 1st year, at $4\%$ in second year and at $5\%$ in third year

1412

The value of furniture depreciates by $10\%$ a year, if the present value of the furniture in an office is $3870$, calculate the value of furniture 3 years ago:

1413

A sum of money, lent out at simple interest, doubles itself in 8 years. Find in how many years will the sum become 3 times itself.

1415

What annual payment will discharge a debt of $770$ due in 5 years, the rate of interest being $5\%$ per annum SI ?

1416

Mr. X invests 'P' amount at Simple Interest rate $10\%$ and Mr. Y invests 'Q' amount at Compound Interest rate $5\%$ compounded annually. At the end of two years both get the same amount of interest, then the relation between two amounts P and Q is given by:

1417

In what time will a sum of money double its y at $6.25\%$ p.a. simple interest?

1418

In how many years will a sum of money double at $5\%$ p.a compounded interest?

1419

A machine worth Rs. $4,90,740$ is depreciated at $15\%$ of its opening value each year. When its value reduces to Rs. $2,00,000$ it will take

1420

A machine worth of Rs. $4,90,740$ is depreciated at $15\%$ on its opening value each year. When its value reduces to Rs. $2,00,000$ it will take

1421

Nominal rate of interest $9.9\%$ p.a. If interest is compounded monthly. What will be the effective rate of Interest

1422

The time in which a sum of money will be doubled at $6\%$ compound interest compounded annually approximately.

1423

The Compound interest $8000$ for $6$ months at $12\%$ p.a payable quarterly is:

1424

The simple interest on sum of money at $6\%$ p.a. for $7$ years is equal to twice of simple interest on another sum for $9$ years at $5\%$ p.a. The ratio will be:

1425

If the interest rate on a loan at $1\%$ per month, the effective annual rate of interest is:

1426

The simple interest on a certain sum of money is $\frac{1}{25}$ times of principal, the rate of interest when rate of interest and time are equal is

1427

At what time a certain sum of money amounts to $400$ at $10\%$ p.a. S.I. and to $200$ at $4\%$ p.a. S.I.

1428

$6,400$ amounts to $7840$ in two years at simple interest. How much will a sum of $84$ invested at the same rate of simple interest amount in four years?

1433

Mr. X invest $10,000$ every year starting from today for next $10$ years suppose interest rate is $8\%$ per annual compounded annually. Calculate future value of the annuity.

1434

How much amount is required to be invested every year so as to accumulate $3,00,000$ at the end of the $10$ years, if interest is compounded annually at $10\%$?

1435

A man invests an amount of $15,860$ in the names of his three sons A, B and C in such a way that they get the same interest after $2, 3$ and $4$ years respectively. If the rate of interest is $5\%$ then the ratio of amount invested in the name of A, B and C is:

1436

The value of furniture depreciates by $10\%$ a year, it the present value of the furniture in an office is $21,870$. Calculate the value of furniture $3$ years ago

1438

Present value of a scooter is $₹ 7,290$ if its value decrease every year by $10\%$ then its value before $3$ years is equal to:

1439

Find the future value of annuity of $₹ 1,000$ made annually for $7$ years at interest rate of $14\%$ compounded annually. Given that $(1.14)^7 = 2.5023$.

1440

Find the present value of $₹ 1,00,000$ to be required after $5$ years if the interest rate be $9\%$. Given that $(1.09)^5 = 1.5386$.

1441

A five year annuity due has periodic cash flow of $₹ 100$ each year. If the interest rate is $8\%$ the future value of this annuity is given by:

1442

A person decides to invest $₹ 1,25,000$ per year for the next five years in an annuity which gives $5\%$ p.a. compounded annually. What is the approx. future value? $[(1.05)^5 = 1.2762]$

1443

Which of the following statements is True? (assume that the yearly cash flow? Are identical for both annuities)

1444

$₹ 2,500$ is paid every year for $10$ years to pay off a loan. What is the loan amount if interest rate be $14\%$ p.a. compounded annually?

1445

Find the future value of annuity of $₹ 1,000$ made annually for $7$ year at interest rate of $14\%$ compounded annually

1446

$₹ 800$ is invested at the end of each month in an account paying interest $5\%$ per year compounded monthly. What is the future value of this annuity after $10^{th}$ payment?

1447

The present value of an annuity immediate is the same as

1451

Mr. X wants to accumulate $₹ 50,00,000$ at the end of $10$ years. Then how much amount is required to be invested every year if interest is compounded annually at $10\%$? (Given that $P(10,0.10) = 15.9374298)$

1452

The present value of an annuity of $₹ 25,000$ to be received after $10$ years at $6\%$ per annum compounded annually is

1430

If the compound interest on a certain sum of money for $2$ years at $4\%$ p.a. be $510$, then its simple interest at same time at same rate of interest is

1431

On what sum will the difference between the S.I. and C.I. for $3$ years at $6\%$ p.a. amount to $13.77$?

1437

Let a person invest a fixed sum at the end of each month in an account paying interest $12\%$ per year compounded monthly. If the future value of this annuity after the $12^{th}$ payment is $₹ 55,000$ then the amount invested every month is?

1448

If the desired future value after $5$ years with $18\%$ interest rate is $₹ 1,50,000$, then the present value (in $₹$) is

1449

A loan of $₹ 1,02,000$ is to be paid back in two equal annual instalments. If the rate is $4\%$ p.a. compounded annually, then the total interest charged under this instalment plan is:

1450

The future value of annuity of $₹ 2,000$ for $5$ years at $5\%$ compounded annually is given as:

1453

$₹ 2500$ is paid every year for $10$ years to pay off a loan. What is the loan amount if interest rate be $14\%$ p.a. compounded annually?

1457

A company establishes a sinking fund to provide for the payment $₹ 2,00,000$ debt maturity in $20$ years contribution to the fund are to be made at the end of every year. Find amount of each deposit if interest is $10\%$ p.a.?

1458

How much amount is required to be invested every year so as to accumulate $₹ 5,00,000$ at the end of $12$ years if interest is compounded annually at $10\%$ p.a $(1.12, 0.1) = 21.384281$

1459

$10$ Years ago the earning per share (EPS) of ABC Ltd. was $₹ 5$ share. Its EPS for this year is $₹ 20$. Compute at what rat, EPS of the company grow annually?

1460

Raju invests $₹ 20,000$ every year in a deposit scheme starting from today for next $12$ years. Assuming that interest rate on this deposit is $7\%$ per annum compounded annually. What will be the future value of this annuity?

1461

Mr. A invested $10,000$ every year for next $3$ years at the interest rate of $8$ percent per annum compounded annually. What is future value of the annuity?

1462

$5,000$ is invested every month end in an account paying interest $@12\%$ per annum compounded monthly. What is the future value of this annuity just after making $41^{st}$ payment? (Given that $(1.01)^{41} = 1.501156$ )

1463

Sinking fund factor is the reciprocal of:

1464

Suppose you have decided to make a Systematic Investment Plan (SIP) in a mutual fund with $1,00,000$ every year from today for next $10$ years where you get return at the rate of $10\%$ per annum compounded annually. What is the future value of this annuity?

1465

A company want to replace its existing tool room machine at the end of $10$ years, the expected cost of machine would be $10,00,000$. If management of the company creates a Sinking Fund, how much provision needs to be made out of revenue each year which can earn at the rate of $10\%$ compounded annually?

1466

A car is available for $4,98,200$ cash payment or $60,000$ cash down payment followed by three equal annual instalments. If the rate of interest charged is $14\%$ per annum compounded yearly, then total interest charged in the instalment plan is (Given $P(2.0,14) = 2.32163$):

1467

Govinda's mother decides to gift him $50,000$ every year starting from today for the next five years. Govinda deposits this amount in a bank as and when he receives and gets $10\%$ per annum interest rate, compounded annually. What is the present value of this annuity? Given $P(4,0.10) = 3.16987$.

1468

How much amount is required to be invested every year so as to accumulate $50,000$ at the end of $10$ years, if the interest compounded annually at $10\%$. Given $A(10, 0.1) = 15.9374$

1469

Suppose Mr. X invested $5,000$ every year starting from today in mutual fund for next $10$ years. Assuming that interest compounded annually is at $18\%$ p.a.. What is future value?

1470

What will be the future value of an annuity of $2,500$ made annually for $12$ years at interest rate of $5\%$ compounded annually

1471

Mrs. X invests in an annuity immediately that promises annual payments of $50,000$ for the next $16$ years. If the interest rate is $6\%$ compounded annually then the approximate present value of this annuity is

1472

Calculate the present value of $2,000$ to be required after $10$ years compounded annually at $5\%$ per annum given $(1.05)^{10} = 1.62889$

1473

If a loan of $30,000$ is to be paid in $5$ annual instalments with interest rate of $14\%$ per annum, then the equal annual instalment will be (take $P(5, 0.14) = 3.43308$)

1474

Find the future value of an annuity of $5,000$ made annually for $6$ years at rate of $12\%$ compounded annually, if $(1+0.12)^6 = 1.9738$

1475

What is the present value of an investment that pays $400$ at the end of three years and $500$ at the end of $6$ years?

1476

At $8\%$ compounded annually, how long will it take $750$ to double?

1477

You are considering two investments. Investment A yields $10\%$ compounded quarterly. Investment B yields $9\%$ compounded semi-annually. Both investments have equal annual yields. Find ?

1478

What is the present value of $5,000$ to be obtained after six years if the interest rate is $5\%$ per annum? for $n=6, 7, 8, 9$ respectively. $\\frac{1}{(1.05)^n} = 0.74261, 0.71068, 0.67686, 0.64462$

1455

Anshika took a loan of $₹ 1,00,000$ @ $8\%$ for $5$ years. What amount will she pay if she wants to pay the whole amount in five equal installments?

1456

Ankit invests $₹ 3,000$ at the end of each quarter receiving interest @ $7\%$ p.a. for $5$ years. What amount will be receive at the end of the period?

1479

A person invests in a fund that pays $4\%$ per annum for four years. The future value of current $4,000$ would be? use, if needed

1480

What is the present value of $1000$ to be received after two years compounded annually at $10\%$ interest rate?

1481

In an account paying interest $@9\%$ per year compounded monthly, $200$ is invested at the end of each month. What is the future value of this annuity after $10^{th}$ payment? (Where $(1.00/5)^{10} = 1.0775$ )

1482

What is the annual contribution required by an organization to accumulate $20,00,000$ in ten years for the construction of a new manufacturing plant, utilizing a sinking fund with $8\%$ annual interest rate of $8\%$ compounded annually? (Where $A(10,0.06) = 13.180785$)

1483

A loan of $16,550$ is to be paid in three equal annual instalments at compound interest. The value of annual instalment, if the rate of interest is $10\%$ per annum is:

1484

Future value of Ordinary Annuity

1486

Find the future value of annuity $1000$ made annually for $7$ years at interest rate of $14\%$ compounded annually is

1487

$10,000$ is paid every year to off a loan, the loan amount if interest be $14\%$ per annum compounded annually is $[P(10, 0.14) = 5.21611]$

1488

The present value of $1$ to be receive after $3$ year compounded annually at $11\%$ interest is

1489

Suppose your father decides to gift you $5,000$ every year starts from today for the next four years. You deposit the amount is a bank and as and when you receive and get $10\%$ per annum interest rate compound annually. The present value of this annuity is $[P(3,0.10) = 2.48685]$

1490

Find the Present value of $10,000$ to be required after $5$ years. If the interest be $9\%$

1491

Rs.$500$ is invested is invested at the end of each month in an account paying interest $8\%$ per year compounded annually. The future value of annuity after $10$th payment is

1492

The furniture depreciates by $10\%$ p.a. If the present value of the furniture in office is $21870$, calculate the value of furniture $3$ years ago.

1493

Find the future value of an annuity of $500$ made annually for $7$ years at interest rate of $14\%$ per annum $[Given \text{ the } (1.14)^7 = 2.5023]$

1494

$200$ invested at the end of each month in an account paying interest $6\%$ per year compounded monthly. What is the future value of this annuity after $10$th payment?

1495

Suppose your father decides to gift you $10,000$ every year starting from today for the next five years, you deposit this amount in a bank as and when you receive and get $10\%$ p.a. C.I. What is the present value of this annuity?

1496

Y bought Motor Bike Costing $80,000$ by making down payment of $30,000$ and agreeing to make annual payment for four years. How much would be each payment if the interest on unpaid amount be $14\%$ compounded annually.

1503

Anil bought a motor cycle costing $1,30,000$ by making a down payment of $30,000$ and agreeing to make equal annual payment for five years. How much would be each payment if the interest on unpaid amount be $10\%$ compounded annually? $[P(5, 0.10) = 3.7908]$.

1504

Shoba borrows $50,00,000$ to buy a house. If he pays equal instalments for $20$ years and $10\%$ interest on outstanding balance, what will be the equal annual instalment?

1505

An asset of $50,000$ to be paid back in equal annual installments over a period of $20$ years. Find the value of installment, if interest is compounded annually at $14\%$ per annum. $[Given \ (1.14)^{20} = 13.74349]$

1497

A machine costs $1,00,000$. The depreciation rate is $10\%$ per annum. The scrap value of the machine at the end of $5$ years is

1498

X bought a TV costing $25,000$ making down payment of $5000$ and agreeing to make equal annual payment for four years. How much would be each payment if the interest on unpaid amount be $14\%$ compounded annually?

1499

The future value of annuity on $5000$ a year for $7$ years at $14\%$ per annum compounded interest is

1500

$5000$ paid for ten years to off a loan. What is the loan amount if interest rate be $14\%$ per annum compounded annually? $[Given \ P(10, 0.14) = 5.2161]$

1501

Suppose your friend decided gift to you $10000$ every year starting from today for the next five years. Your deposit this amount in a bank and when you receive and get $10\%$ per annum interest compounded annually. What is the present value of this annuity?

1509

A person invests $500$ at the end of each year with a bank which pays interest at $10\%$ p.a C.I. annually. The amount standing to his credit one year after he has made his yearly investment for the $12^{th}$ time is, Given $(1.1)^{12} = 3.1384$.

1510

The present value of $10,000$ due in $2$ years at $5\%$ p.a. compound interest when the interest is paid on half-yearly basis is

1511

Find the present value of $10,000$ to be required after $5$ years, if the interest rate be $9$ per cent compounded annually.

1512

A man borrows $4000$ from a bank at $10\%$ compound interest. At the end of every year $1500$ as part of repayment of loan and interest. How much is still owe to the bank after three such installments.

1508

A man purchased a house valued at $3,00,000$. He paid $2,00,000$ at the time of purchase and agreed to pay the balance with interest at $12\%$ per annum compounded half yearly in $20$ equal half yearly instalments. If the first instalment is paid after six months from the date of purchase then the amount of each instalment is.

1513

The future value of annuity of $1,000$, made annually for $5$ years at the interest of $14\%$ compounded annually is $[(1.14)^5 = 1.925410]$

1514

Future value of an ordinary annuity

1515

Antil bought a motor cycle costing $1,50,000$ by making a down payment of $50,000$ and agreeing to make equal annual payment for five years. How much would be each payment if the interest on unpaid amounts be $10\%$ compounded annually? $[P(5,0.10) = 3.79079]$

1516

Shoba borrows $50,00,000$ to buy a house. If he pays equal installments for $20$ years and $10\%$ interest on outstanding balance, what will be the equal annual installment? $[P(20,0.10) = 8.51356]$

1517

How much money is to be invested every year so to accumulate $3,00,000$ at the end of $10$ years if interest is compounded annually at $10\%$ rate of interest?

1518

Find the present value of an ordinary annuity of $8$ quarterly payments of $500$ each, the rate of interest being $8\%$ p.a. compounded quarterly

1519

How much amount is required to be invested every year so as to accumulate $5,00,000$ at the end of $12$ years, if interest is compounded annually at $12\% (0.12)$. $[1.384288]$

1520

Raju invests $20,000$ every year in a deposit scheme starting from today for next $12$ years. Assuming that interest rate on his deposit is $7\%$ per annum compounded annually. What will be the future value of this annuity?

1521

Mr. A invested $20,000$ p.a. for next $3$ years at the interest rate of $8$ percent p.a. compounded annually. What is future value of the annuity?

1522

$10,000$ is invested every month and in an account paying interest $@12\%$ per annum compounded monthly. What is the future value of this annuity just after making $11^{th}$ payment

1523

Find the present value of an annuity which pays $200$ at the end of each $3$ months for $10$ years assuming $8\%$ p.a. $5\%$ converted quarterly.

1524

The amount of an annuity due consisting of $15$ annual payments invested at $8\%$ effective is $10,000$. Find the size of each payment:

1525

The future value of an annuity of $5,000$ is made annually for $8$ years at interest rate of $9\%$ compounded annually. $[(1.09)^8 = 1.99256]$

1526

Paul borrows $20,000$ on condition to repay it with compound interest at $5\%$ p.a. in annual installment of $2,000$ each. Find the number of years in which the debt would be paid off:

1527

A debt of $5000$ with interest at the rate of $8\%$ compounded quarterly is to be discharged by $8$ equal quarterly payments, the first payment being due today. Find the size of each payment.

1528

Find the future value of an annuity of $500$ is made annually for $7$ years at interest rate of $14\%$ compounded annually. $[(1.14)^7 = 2.5023]$

1529

How much amount is required to be invested every year as to accumulate $6,00,000$ at the end of $10^{th}$ year, if interest is compounded annually at $10\%$ rate of interest?

1530

The future value of an annuity of $1500$ made annually for $5$ years at an interest rate of $10\%$ compounded annually is

1531

Find the present value of an annuity of $1,000$ payable at the end of each year for $10$ years. If rate of interest is $6\%$ compounding per annum.

1532

Mr. A borrows $5,00,000$ to buy a house. If he pays equal instalments for $20$ years and $10\%$ interest on outstanding balance what will be the equal annual instalment?

1546

Determine the present value of perpetuity of $50,000$ per month @ rate of interest $12\%$ p.a. is

1547

A stock pays annually an amount of $10$ from $6^{th}$ year onwards. What is the present value of the perpetuity if the rate of return is $20\%$?

1548

Assuming that the discount rate is $7\%$ p.a. how much would pay to receive $200$ growing at $5\%$ annually forever?

1556

Ms. Paul invested $1,00,000$ in a mutual fund scheme in January $2018$. After one year in January $2019$, she got a dividend amounting to $10,000$ for first year, $12,000$ for second year, $16,000$ for third year, $18,000$ for fourth year and $21,000$ for fifth year in January $2023$. What is Compounded Annual Growth Rate (CAGR) of dividend return? Given $1.2038^2 = 2.1$.

1557

If the discount rate is $10\%$ per annum, how much amount would you pay to receive $2,500$ growing at $8\%$ annually forever?

1558

Mr. Sharad got his retirement benefits amounting to $50,00,000$. He want to receive a fixed monthly sum of amount for his rest of life, starting after one month and thereafter he want to pass on the same to future generation. He expects to earn an interest of $9\%$ CI Annually. Determine how much perpetual payment he will receive every month?

1534

Find the present value of an annuity which pays $200$ at the end of each $3$ months for $10$ years assuming money to be worth $5\%$ converted quarterly?

1535

Arslan invested $10,000$ at $8\%$ per annum compound quarterly, then the value of the investment after $2$ years is

1536

The future value of an annuity of $1,000$ made annually for $5$ years at the interest of $14\%$ compounded annually is:

1537

Present value of a scooter is $7,290$ if its value decreases every year by $10\%$ then its value before $3$ years is equal to:

1538

How much amount is required to be invested every year so as to accumulate $5,00,000$ at the end of $10$ years, if CI is annually at $10\%$?

1539

The time by which a sum of money is $8$ times of itself if it doubles itself in $15$ years.

1540

A sinking fund is created for redeeming debentures worth Rs. $5,00,000$ at the end of $25$ years. How much provision need to be made out of profits each year provided sinking fund investments can earn at $4\%$ per annum

1541

Mr. X bought an electronic item for $1000$. What would be the future value of the same item after two years, if the value is compounded semi-annually at the rate of $22\%$ per annum?

1542

The present value of an annuity which pays $200$ at the end of each $3$ months for $10$ years, assuming money to be worth $5\%$ converted quarterly.

1543

A company establishes a sinking fund to provide for the payment of $2,00,000$ debt maturing in $20$ years. Contributions to the fund are to be made at the end of every year. Find the amount of each annual deposit if interest is $8\%$ per annum

1545

What is the net present value of piece of property which would be valued at $2$ lakh at the end of $2$ years? (Annual rate of increase $= 5\%$)

1549

If discount rate is $14\%$ per annum, then how much a company has to pay to receive $280$ growing at $9\%$ annually forever?

1550

If the nominal rate of growth is $17\%$ and inflation is $9\%$ for the five years. Let P be the Gross Domestic Product (GDP) amount at the present year then the projected real GDP after $6$ years is:

1551

If a person bought a house by paying $45,000.00$ down payment and $80,000$ at the end of each year till the perpetuity. Assuming the rate of interest as $16\%$, the present value of house (in $) is given as:

1552

Operating profit of a manufacturer for five yearsYearsOperating profit (in lakh $)19021003106.44107.45120.246157.34Then the operating profit of Compound Annual Growth Rate (CAGR) for year 6 with respect to year 2 is given that:

1553

If the cost of capital be $12\%$ per annual, then the net present value from given cash flow:YearsOperating profit (in thousands $)0-100160250350

1554

Assuming that the discount rate is $7\%$ p.a. How much would you pay to receive $200$, growing at $5\%$ annually forever?

1555

The CAGR of a initial value of a investment of $15,000$ and final value of $25,000$ in $3$ years is:

1559

A person wants to open a shop have two options to acquire a commercial space either by leasing for $10$ years at annual rent of $2,00,000$ or by purchasing the space for $22,00,000$. If person can borrow money at $14\%$ compounded per annum. Which alternate is most suitable?

1563

The Earning Per Share (EPS) of a company for five years is given below:YearEPS201940202025202140202240202390Calculate the Compounded Annual Growth Rate (CAGR) of EPS

1564

A Perpetuity has a cash flow of $625$ and a required rate of return of $8\%$. If the cash flow is expected to grow at a constant rate of $4\%$ per year, then the intrinsic value of this perpetuity (present value of growing perpetuity) is:

1565

An investor intends to purchase a three year $1,000$ per value bond having nominal interest rate of $10\%$. Aat what price the bond may be purchased now if it matures at par and the investor requires a rate of return of $12\%$?

1569

A company is considering proposal of purchasing a machine either by making full payment of $4,000$ or by leasing it for $4$ years at an annual rent of $1250$. Which course of action is preferable if the company can borrow money at $14\%$ per annum? [Given: $(1.14)^4 = 1.6870$ ]

1571

money at $14\%$ compounded annually? [ $P(4,0.14) = 2.9137$ ]

1573

A $1,000$ bond paying annual dividends at $8.5\%$ will be redeemed at par at the end of $10$ years. Find the purchase price of this bond if the investor wishes a yield rate of $8\%$.

1574

Nominal Rate of Return =

1575

Net Present Value $> 0$, then

1576

Net Present Value (NPV)

1577

If the cost of capital be $12\%$ per annum, then the Net Present Value (in nearest Rs.) from the given cash flow is given as (in thousands)Year: 0, 1, 2, 3Operating profit: (100), 60, 40, 50

1578

Find CAGR, if the operating profit of a manufacturer for five years is given asYr.: 1, 2, 3, 4, 5, 6OP: 90, 100, 106.4, 107.14, 120.24, 157.35

1579

The nominal rate of growth is $17\%$ and inflation is $9\%$ for the five years. Let $P$ be the Gross Domestic Product (GDP) amount at the present year then the projected real GDP after $6$ years is

1568

A person desires to create a fund to be invested at $10\%$ CI per annum to provide for a prize of $300$ every year. Using $V = a/i$ find $V$ and $V$ will be

1570

A company is considering proposal of purchasing a machine either by making full payment of $4,000$ or by leasing it for four years at an annual rate of $1,250$. Which course of action is preferable if the company can borrow

1572

A machine can be purchased for $50,000$. Machine will contribute $12,000$ per year for the next five years. Assume borrowing cost is $10\%$ per annum. Determine whether machine should be purchased or not? $P(5,0.10) = 3.79079$

1580

A person desires to create a fund to be invested at $10\%$ CI per annum to provide for a prize of $300$ every year. Using $V = a/i$ find $V$

1581

Determine the present value of perpetuity of $50,000$ per month at the rate interest $12\%$ p.a.

1582

Assuming that the discount rate is $7\%$ p.a. How much would you pay to receive $500$. Growing at $5\%$ annually forever?

1583

Ravi made an investment of $15,000$ in a scheme and at the time of maturity, the amount was $25,000$. If the Compound Annual Growth Rate (CAGR) for this investment is $8.88\%$. Calculate the approximate number of years for which he has invested the amount.

1560

If the initial investment of $4,00,000$ becomes $6,00,000$ in $24$ months, then CAGR is

1561

Assuming that the discount rate is $12\%$ per annum, how much would you pay to get $100$ per year, growing at $4\%$ annually forever?

1562

You bought a painting $10$ years ago an investment. You originally paid $85,000$ for it. If you sold it for $4,84,050$, what was your annual return on investment?

1585

10 years ago the earning per share (EPS) of ABC Ltd. was $5$ share its EPS for this year is $22$. Compute at what rate, EPS of the company grow annually?

1586

A company is considering proposal of purchasing a machine full payment of $4000$ or by leasing it for $4$ years at an annual rent of $1280$. Which course of action is preferable if the company can borrow money at $14\%$ compounded annually?

1587

Find the purchase price of a $1000$ bond redeemable all the paring annual dividends at $4\%$ if the yield rate is to be $5\%$ effective.

1588

A stock pays annually an amount of Rs. $10$ from $6^{th}$ year onwards. What is the present value of perpetuity, if the rate of return is $20\%$.

1589

If the nominal rate of growth is $17\%$ and inflation is $9\%$ for the five years. Let $P$ be the Gross Domestic Product (GDP) amount at the present year then the projected real GDP after $6$ years is

1590

If discounted rate is $14\%$ per annum, then how much company has to receive Rs.$280$ growing at $9\%$ annually forever?

1591

A machine can be purchased for $50,000$. Machine will contribute $12000$ per year for the next five years. Assume borrowing cost is $10\%$ per annum compounded annually. Determine whether machine should be purchased or not.

1592

A $1000$ bond paying annual dividends at $8.5\%$ will be redeemed at par at the end of $10$ years. Find the purchase price of this bond if the investor wishes a yield rate of $8\%$.

1593

Assuming that the discount rate is $10\%$ per annum, how much would you pay to receive $800$, growing at $8\%$ annually, forever?

1594

$In ______ receipts / payments takes place forever.$

1595

Net Present value $\ge 0$, then

1596

Assuming, that discount rate is $7\%$ per annum, how much would you pay to receive Rs.$50$, growing at $5\%$, annually, forever.

1597

The value of the present value of a sequence of payments of $\text{Rs }80$ made at the end of each $6$ months and continuity forever, if money is worth $4\%$ compounded semi-annually is

1311

The effective rate of interest for one-year deposit corresponding to a nominal $7\%$ rate of interest per annum convertible quarterly is

1339

The difference between Compound Interest and Simple Interest on a certain sum for $2$ years at $6\%$ p.a. is $13.50$. Find the sum

1370

The difference in simple interest of a sum invested of $1,500$ for $3$ years is $18$. The difference in their rates is:

1414

A man invests an amount of $15,860$ in the names of his three sons A, B and C in such a way that they get the same interest after $2,3$ and $4$ years respectively. If the rate of interest is $5\%$, then the ratio of amount invested in the name of A, B and C is.

1429

A person gave a loan of $200$ to Mr. X and recovered it at the rate of $35$ for eight months, commencing from the end of first month. What is the effective rate of simple interest?

1485

A sinking fund is created to redeem debentures worth $5,00,000$ at the end of $25$ years. How much provision each need to be made out of profits each year provided sinking fund investments can earn at $4\%$ per annum

1506

The present value of an annuity of $80$ for $20$ years at $5\%$ p.a. is $[Given \ (1.05)^{20} = 2.6533]$

1566

A machine can be purchased for $50,000$. Machine will be contributing $12,000$ per year for the next five years. Assuming borrowing cost is $10\%$ per annum. Determine whether machine should be purchased or not

1567

A company is considering proposal of purchasing a machine either by making full payment of $4000$ or by leasing it for four years at an annual rent of $1250$. Which course of action is preferable if the company can borrow money at $14\%$ compounded annually? [$P(4,0.14) = 2.9137$]

1372

What will be the population after $3$ years when the present population is $25,000$ & population increases at the rate of $3\%$ in $1$st year, at $4\%$ in, $2$nd year and in $5\%$ in $3$rd year?

1432

The Partners A & B together lent $3903$ at $4\%$ p.a interest compounded annually. After a span of $7$ years A gets the same amount as B gets after $9$ years. The share of A is sum of $3903$ would have been

1533

Suppose your mom decides to gift you $10,000$ every year starting from today for the next $16$ years. You deposit this amount in a bank account and you receive $8\%$ p.a. interest rate compounded annually. What is the present value of this money: (Given that $P(15, 0.085) = 8.304236$)

1584

A machine with useful life of $7$ years costs $10,000$ while another machine with useful life of $5$ years costs $8,000$. The first machine saves labour expenses of $1,900$ annually and the second one saves labour expenses of $2,200$ annually. Determine the preferred course of action. Assume cost of borrowing as $10\%$ compounded per annum.

1356

The rate of interest for the first $2$ year is $3\%$ per annum, for next $3$ years is $8\%$ per annum and for the period beyond $5$ years, $10\%$ per annum. If a man gets $1520$ as a simple interest for $6$ years, how much money did he deposit?

1400

Miss Liza lent $4,000$ in such a way that some amount was given to Mr. A at $3\%$ p.a. S.I. and rest amount to was given to B at $5\%$ p.a. S.I., the annual interest from both is $144$. Find the amount lent to Mr. A.

1507

A person bought a house paying $20,000$ cash down and $4,000$ at the end of each year for $25$ yrs. at $5\%$ p.a. C.I. The cash down price is

1190

A sum of money amount to $P 6,200$ in $2$ years and $P 7,400$ in $3$ years as per S.I. then the principal is

1221

What '$I$' denote the actual rate of interest in decimal, and '$n$' denote the number of conversion periods, the formula for computing the effective rate of interest $E$ is given by.

1226

What is the difference (in $) between the simple interest and the compound interest on a sum of $8,000$ for $2\frac{1}{2}$ years at the rate of $10\%$ p.a. when the interest is compounded yearly?

1258

An amount $4,500$ becomes $7,200$ in $2$ years at simple interest rate of:

1259

The difference between the compound interest amount and the simple interest amount for a period of two years, at same interest rate $r$ is

1286

The annual birth rates per $1,000$ are $39.4$ and $19.4$ respectively. The number of years which the population will be doubled assuming there is no immigration or emigration is

1454

$₹ 200$ is invested at the end of each month in an account paying interest $6\%$ per year compounded monthly. What is the future value of this annuity after $10^{th}$ payment?

1544

ABC Ltd. Wants to lease out an asset costing $3,60,000$ for a five year period. It has a fixed rental of $1,05,000$, per annum payable annually starting from the end of first year. Suppose rate of interest is $14\%$ per annum compounded annually on which money can be invested by the company. Is this agreement favourable to the company.

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