In 2001, a vehicle was purchased for ₹ 2 Lakh. In 2011, the scrap value of the vehicle became ₹ 50,000. What was the annual depreciation?

The number of years required for a sum of money to get tripple at the effective rate of 4% is : (Given $(1.04)^{28} = 3)$

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 bond sells at discount. Which of the following is feasible?

[YTM = yield to maturity]

Which of the following are correct about the Sinking Fund?

(A) It is a fixed term account.

(B) It is a set-up for a particular upcoming expense.

(C) A fixed amount at regular intervals is deposited in the Sinking Fund.

(D) It can be used in any emergency.

Choose the correct answer from the options given below:

Renu takes a loan of ₹12,00,000 with 12% annual interest for 10 years on flat rate basis..

Match the LIST-I with LIST-II

Choose the correct answer from the options given below:

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?