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 :

At what rate converted semi-annually will the present value of perpetuity of ₹750/- payable at the end of each 6 months be ₹ 25000?(where p.a. denotes per annum)

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 :

Harish takes a loan of ₹6,00,000 at an interest of 10% per annum compounded annually for a period of 5 years. His EMI using a flat rate method is:

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

Mr. X takes a personal loan of Rs.10,00,000 at the rate of 12% per annum for 6 years. Calculate his EMI by using flat rate method

Which of the following is not true