If the life expectancy of an asset is 10 years, scrap value Rs.5,000 and annual depreciation of Rs.3000 per annum, then original cost of the asset is:

At what rate of interest will the present value of a perpetuity of ₹600 payable at the end of each quarter be ₹40,000 ?

The present value of a perpetuity of Rs. 2,500 payable at the end of each year, if money is worth 10% compounded annually, 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:

A company intends to create a sinking fund to replace at the end of 20$^{th}$ year assets costing Rs. 2,50,000. Then the value of the amount to be retained out of profits every year if the interest rate is 5% is : [Given $(1.05)^{20} = 2.6532$]

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) ₹ :