At 8% converted quarterly the present value of perpetuity of Rs. 8000 payable at the end of each quarter ( in rupees) 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:

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 person started giving aside Rs. 10,000 each year for his child college education in a sinking fund the amount he will receive after 6 years. if the rate of interest is 10% per annum is : (Use $(1.1)^6 = 1.771$)

The EMI (in Rs.) under the flat rate on a loan of Rs. 6,00,000 with 20% annual interest for 5 years is :

A person invested ₹y in a mutual fund and the value of the investment at the time of redemption was ₹x. If he invested the amount for 3 years and the compound annual growth rate of his investment is 10 %, then the value of $\frac{y}{x}$ is:

A person buys a flat for which he makes down payment of ₹ 7,50,000 and the balance is to be paid in 10 years by monthly instalments of ₹ 22,000 each. If the bank charges interest at the rate of 12% per annum, then the actual price of the flat using flat rate system is :