Jyotsna buys a car for which she makes a down payment of ₹3,50,000 and the balance is to be paid in 3 years by monthly installments of ₹34,000 each. If the financer charges interest at the rate of 12% per annum and uses flat rate method, then the original price of the car is :

A money lender charges Rs10 for Rs100 per month in advance then effective rate of interest per annum charged by money lender is: [given $\left(\frac{10}{9}\right)^{12} \approx 3.541$]

The original value of an asset minus the accumulated depreciation at a given date is known as

At what rate of interest will the present value of a perpetuity of ₹ 500 payable at the end of every 6 months be ₹ 20,000?

At what rate of interest will the present value of a perpetuity of ₹1000 payable at the end of every 6 months be ₹ 20,000?

A machine costing ₹ 3,00,000 will have its scrap value of ₹ 50,000. The company at present plans to put ₹ 36,650 per annum at the end of each year in a sinking fund at the rate 5% per annum for the replacement of the machine after its useful life. Suppose the new machine will cost ₹ 4,00,000 at that time, then the useful life (approx.) of the machine is : [Given: $(1.4775)^{1/8} = 1.05$]

The amount to which ₹ 5000 will accumulate at the effective rate of 4% for 4 years and 5% for 2 years is