Mohan deposited Rs 80 per month in a cumulative deposit account for six years .Find the amount payable to him on maturity, if the rate of interest is 6 % per annum.
Rs 6,711.20
Rs 6,811.80
Rs 6,801.20
Rs 6,811.20
What sum of money will amount to Rs. 5,445 in 2 years at 10% per annum compound interest?
5000
4500
4000
5500
A sum is invested at compound interest compounded yearly. If the interest for two successive years be Rs. 570 and Rs. 741; calculate the rate of interest.
25%
35%
30%
20%
Smith buys a radio - set for Rs 1,696. The rate of sales Tax is 6%. He asks the shopkeeper to reduce the price of the radio - set to such an extent that he does not have to pay anything more than Rs 1,696 including Sales Tax. Calculate the reduction needed in the cost price of the radio - set.
Rs.90
Rs.95
Rs.96
Rs.92
A man wants to buy 62 shares available at Rs 132 (par value being Rs 100 ). How much he will have to invest ?
Rs.8,184
Rs.8,148
Rs.8,584
Rs.8,084
A sum of Rs 5,040 is borrowed at 10% C.I. compounded yearly and is paid back in two years in two equal yearly installments .Calculate the amount of each installment.
Rs.2904
Rs.2900
Rs.2940
Rs.2950
A man invests a sum of money in Rs.20 shares, paying 15% dividend, quoted at 20% premium. If his annual dividend is Rs. 720, calculate (i) his total investment, (ii) the rate of interest on his investment.
Rs. 5,760, 12.5%
Rs. 5,500, 12%
Rs. 4,760, 12.5%
Rs. 4,760, 12%
How much money will be required to buy 200, Rs. 25 shares at a premium of Rs.2?
Rs. 5,200
Rs. 5,400
Rs. 4,500
Rs. 5,000
Shyam buys an article for Rs 10,000 and pays 7 % tax. He sells the same article for Rs 13,000 and charges 9 % tax . Find the VAT paid by Shyam.
Rs.470
Rs.460
Rs.800
Rs.870
If the interest is compounded half-yearly, calculate the amount when principal is Rs. 7,400; the rate of interest is 5% per annum and the duration is one year.
Rs. 7774.63
Rs. 7775.63
Rs. 7777.63
Rs. 7770.63