What sum of money is needed to invest now, so as to get ₹5000 at the beginning of every month forever, if the money is worth 6% per annum compounded monthly?

A motorcycle has a scrap value of Rs. 22,500 after 15 years of its purchase. If the annual depreciation charge is Rs. 8,500, then the original cost by linear method is:

Mr. Mittal invested Rs. 20,000 in a mutual fund in the year 2019. The value of the mutual fund increased to Rs. 32,000 in the year 2024. The compound annual growth rate of his investment is:

[Given $(1.6)^{1/5} = 1.098$]

Anshu takes a personal loan of ₹10,00,000 at the rate of 12% per annum for 2 years, then the EMI by using flat rate method is

Rama takes a personal loan for a car worth ₹5,00,000 at an interest rate of 7% per annum to be repaid by equal monthly instalments (EMI) in 5 years. Using flat rate method, EMI will be:-

At what rate of interest will the present value of a perpetuity of Rs. 1000 payable at the end of every six months be Rs. 40000?

Mrs. Soma takes a loan of ₹ 5,00,000 with 10% annual interest rate for 5 years. What will be her EMI under flat rate system?