The present value of a perpetuity of Rs. 6,240 payable at the beginning of each year, if money is worth 10% effective, is :

The present value of a perpetual income of ₹ $x$ payable at the end of each 6 months is ₹ 1,80,000. If the money is worth 5% compounded semi-annually, then the value of $x$ is ₹ :

The present value of a perpetuity of Rs 1,200 payable at the beginning of each year, if the money is worth 5% effective, is:

If the cash equivalent of a perpetuity of Rs.1200 payable at end of each half year is Rs.96,000, the annual rate of interest compounded half yearly is :

A car costing ₹ 8,00,000 has scrap value of ₹ 3,00,000. If the book value of car at the end of fourth year is ₹ 6,00,000, then the useful life of the car is :

A machine costing ₹16,00,000 is expected to have a useful life of 15 years and a final scrap value of ₹1,00,000. Which of the following statements are correct ?

A. The annual depreciation is ₹50,000.

B. The annual depreciation is ₹1,00,000.

C. The book value at the end of the sixth year is ₹9,00,000.

D. The book value at the end of the sixth year is ₹10,00,000.

Choose the correct answer from the options given below:

Ravi takes a loan of Rs. 40,000 at an interest of 12% per annum for a period of 4 year, then EMI by using flat method is :