An asset costing Rs 2,00,000 has a useful life of 10 years and scrap value of Rs 40,000. Its book value at the end of year 6 by Straight Line Method, is :

Mr. B.M. Wadhwa purchased a car costing ₹20 lakh. It has a useful life of 15 years. The depreciation follows the straight line trend. If the annual depreciation is ₹1,20,000, what is the scrap value of the car ?

A sum of Rs 60,000 invested at r percent compounded quarterly will provide payment at rupees 600 each at the end of every three months , then the value of r is :

The effective rate that is equivalent to a nominal rate of 16% compounded semi-annually is :

If Mr. Ravi borrows a sum of ₹ 1,50,000 at an interest rate of 10% (flat) for a tenure of 3 years, then his EMI based on above data is (approximately) ₹ :

An asset costing Rs. 50,000 has a useful life of 4 years. The estimated scrap value is Rs. 10,000. By using linear depreciation method, the book value at the end of the second year is :

The present value of an immediate perpetuity of ₹ R payable at the end of every year at the rate of i per period per rupee is given by: