Mr. Nirav borrowed Rs 50,000 from the bank for 5 years. The rate of interest is 9% per annum compounded monthly. Find the payment he makes monthly if he pays back at the beginning of each month.
A bill for Rs 7,650 was drawn on 8th March 2013, at 7 months. It was discounted on 18th May 2013 and the holder of the bill received Rs 7,497. What is the rate of interest charged by the bank?
Calculate the index number. for the year 2014, with 2010 as the base year by the weighted aggregate method from the following data:
|Commodity||Price in Rs||Weight|
The quarterly profits of a small scale industry (in thousands of rupees)· is as follows:
Calculate four quarterly moving averages. Display these and the original figures graphically on the same graph sheet.