A machine costing ₹55,000 is expected to have a useful life of 10 years and a final scrap value of ₹5,000. The annual depreciation charge using the straight line method is :

Amayra takes a loan of ₹5,00,000 at an interest of 10% per annum for a period of three years. The equated monthly installment (EMI) by using flat rate method, she has to pay is:

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

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

A person invested ₹5,00,000 in a fund. At the end of the year, the value of the fund is ₹6,50,000. The nominal rate of return, if the market price is the same at the end of the year is:

The amount should be deposited at the end of every 6 months to accumulate Rs.50,000 in 8 years if money is worth 6% p.a. compounded semiannually, is: [Given $(1.03)^{16} = 1.6047$]

An electric bike costs ₹42,000 and has a useful life of 10 years. If annual depriciation is ₹3,000, then the scrap value by using linear method of depriciation is: