A person has taken a loan of Rs. 40,000 for 3 months from a lender who has deducted Rs.2,000 as interest at the time of lending. Then the effective rate of interest charged per annum by lender is (given:$(1.0526)^4 = 1.2275):$

Ravi borrowed ₹15,00,000 from a bank to purchase a plot and decided to repay the loan in equal monthly installments (EMI) in 10 years. If bank charges interest at 10% per annum, then EMI using a flat rate method is

Which of the following statements are correct about the compound annual growth rate (CAGR)?

(A) CAGR is calculated by using the final and beginning value of an investment.

(B) CAGR is compounded annual return of an investment.

(C) CAGR describes the effect of compounding.

(D) CAGR can be used to demonstrate and compare the performance of investment advisors.

Choose the correct answer from the options given below:

At what rate will the present value of a perpetuity of Rs.1000 payable at the end of each quarter be Rs.50000?

Match List-I with List-II:

An asset costing ₹ 1,50,000 is expected to have useful life of 5 years and scrap value of ₹ 30,000. Using linear depreciation method which of the following are TRUE?

A. Annual depreciation is ₹ 24,000

B. Depreciation rate is 20% per annum

C. Depreciation rate is 24% per annum

D. Annual depreciation is ₹ 22,000

Choose the correct answer from the options given below:

The annual depreciation of an asset is independent of:-