Investement and financial planning - class-IX
Description: investement and financial planning | |
Number of Questions: 21 | |
Created by: Ashok Pandey | |
Tags: maths comparing quantity banking |
Investment in funds like ELSS are admissible for deduction under section $80\text{C}$ of income tax.
You invest Rs. $3,000$ in a two year investment that pays you $12\%$ p.a. Calculate the future value of the investment.
Which statement is wrong regarding Systematic Investment Plan:
A man borrows $Rs. 6000$ at $5\% $ $C.I.$ per annum$.$ if the repays $Rs.1200$ at the end of the each year$,$ find the amount of the loan outstanding at the beginning of the third year$.$
A man borrowed Rs.4000 at 10% per annum compound interest.At the end of each year he has repaid Rs.1000.The amount of money he still incurs after the third year is -------- .
Mutual Fund is a professionally managed investment scheme, run by an AMC i.e. Asset Management Company and they invest their own money in different schemes.
The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000, each. If the rate of interest be 6% per annum, and th6 first instalment be paid at the time of purchase, then, the value of the last instalment covering the interest as well will be : (Hotel Management, 1998)
The profit of a company (whose capital is divided into 25, 000 shares of Rs. 10 each) for the last three years are: Rs. 50, 000; Rs. 60, 000 and Rs. 40, 000. The fair return on investment is taken at 10% p.a. The value of company's share will be __________.
Ajay and Anil start a business in partnership. Anil invested $Rs.300$ more that Ajay for half the number of months that Ajay did. If, out of the total profit of $Rs.375$ of the one year, Ajay got $Rs.25$ more than Anil, what was the investment made by Anil?
Mr. Dua invested money in two schemes P and Q offering compound interest @ 8 p.c.p.a. and 9 p.c.p.a respectively. if the total amount of interest accrued two schemes together in two years was Rs 4818.30 and the total amount invested was Rs 27, 000, what was the amount invested in Scheme P?
A family made a down payment of $75 and borrowed a set of encyclopedias that cost $400. The balance with interest was paid in 23 monthly payments of $16 each and a final payment of $9. What was the per cent of interest to the borrowed sum?
A $500 investment and a $1,500 investment have a combined yearly return of 8.5 per cent of the total of the two investments. If $500 investment has a yearly return of 7 per cent, what per cent yearly return does the $1,500 investment have?
$A$ started a business with a capital of $Rs.10000$. Four month later, $B$ joined him and $2$ more moth letter , $C$ joined them in the partnership. If at the end of the year, all of them got an equal shares of profit, what was $C's$ investment?
A person pays $ $400$ every year as loan installments to a bank. If every year bank increases the installment amount by $10$%, the find the total amount he pays in installments in $4$ years.
A man borrows Rs. $200$ at $ 5$% compound interest. At the end of each year he pays back Rs. $50$. At the end of $4 $ years he owes
Lakshman borrowed Rs. $20$ lakhs as housing loan from ICICI at $10\%$ p.a to be repaid in $10$ years. if the EMI is Rs. $2500$ per lakh, find how much he pays as interest in the first month. Find also he principal repaid then.
A sum of Rs $550$ was taken as a loan. This is to be paid back in two equal instalments. If the rate of interest be $20\%$ compounded annually, then the amount of each instalment will be
A television set is sold for Rs. $10000$ cash on Rs. $2000$ cash down followed by six equal instalments of Rs. $1600$ each. What is the rate of interest?
Raghav buys a shop for $Rs. 1,20,000$. He pays half of the amount in cash and agrees to pay the balance in $12$ annual installments of $Rs. 5000$ each. If the rate of interest is $12\%$ and he pays with the installment the interest due on the unpaid amount find the total cost of the shop.
What sun will become Rs 9826 in 18 months if the rate of interest is $\displaystyle 1\frac{1}{2}$% per annum and the interest is compounded half-yearly?
The NAV of a unit in mutual fund scheme is Rs $10.65$, then find the amount required to buy $500$ such units.