A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual equipment cost of the machine will be (A) Rs. 1740 (B) Rs. 3480 (C) Rs. 5220 (D) Rs. 6960

A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per
annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual
equipment cost of the machine will be
(A) Rs. 1740
(B) Rs. 3480
(C) Rs. 5220
(D) Rs. 6960
by

1 Answer

Answer :

(B) Rs. 3480
by

Related questions

An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if the interest rate is 8% per annum and if the sinking fund factor at 8% per annum interest rate for 10 years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Description : An earth moving equipment costs Rs. 5,00,000 and has an estimated life of 10 years and a salvage value of Rs. 50,000. What uniform annual amount must be set aside at the end of each of the 10 years for replacement if ... years is 0.069? (A) Rs. 31050 (B) Rs. 34500 (C) Rs. 37950 (D) Rs. 5000

Last Answer : (A) Rs. 31050

A sum of Rs. 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was Rs. 400. The ratio of the money lent at 8% to that lent at 5% is? (a) 15:16 (b) 16:17 (c) 19:17 (d) 21:26 (e) 20:17

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Last Answer : (a) 15:16

A crane is purchased now; its useful life is 8 years after which a new crane must be purchased. If the interest rate is 6%, the capital recovery factor (crf) is (a) 0.3141 (b) 0.5420 (c) 0.1610 (d) 0.1259

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A company makes a single product and incurs fixed costs of Rs. 30,000 per annum. Variable cost per unit is Rs. 5 and each unit sells for Rs. 15. Annual sales demand is 7,000 units. The breakeven point is: (a) 2,000 units (b) 3,000 units (c) 4,000 units (d) 6,000 units

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A tractor shovel has a purchase price of Rs. 4.7 lacs and could save the organization an amount of rupees one lac per year on operating costs. The salvage value after the amortization period is 10% of the purchase price. The capital recovery period will be (A) 3.7 years (B) 4.23 years (C) 5 years (D) 7.87 years

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The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

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Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000

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From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10 Carrying cost per unit per annum: = Rs. 10 Purchase price per unit = Rs. 50 Re-order quantity at present = 45000 units There is discount of 10% per unit in case of purchase of 45000 units in bulk. (a) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

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Last Answer : A

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity? (1) 20000 (2) 10000 (3) 15000 (4) 12000

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Last Answer : 20000

Accumulated sum at the end of 5 years, if Rs. 10000 is invested now at 10% interest per annum on a compound basis is Rs. (A) 15000 (B) 16105 (C) 18105 (D) 12500

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Some amount out of Rs.8500 was lent at 5% per annum and the remaining was lent at 3% per annum. If the total simple interest from both the fractions in4 years was Rs.1500, the sum lent at 5% per annum was a) Rs. 2400 b) Rs. 2200 c) Rs. 2000 d) Rs. 6000

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The value of a machine depriciates at the rate of 10% per annum. If its present value is Rs 10000, what will be its value after 2 years? -Maths

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A portion of Rs.6600 is invested at a 5% per annum, while the remainder is invested at a 3% per annum. If the annual income from the portion earning a 5% per annum is twice that of the other portion, what is the total income from the two investments after one year? a) Rs.270 b) Rs.370 c) Rs.250 d) Rs.280 e) None of these

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Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If Ashwin gained Rs.618/- in the whole transaction, then what sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

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Mark the correct option MIS account opened on or after 01 Apr 12 a) The rate of interest shall be 8.5 % per annum payable monthly. b) No withdrawal will be allowed before expiry of maturity period 5 years c) No bonus shall be payable d) All the above

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P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another Rs 18 lakh few years. At the end of 10 years profit Of R is equal to sum of profit of P and Q. Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11

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A contractor wishes to determine a suitable combination of manual labour and machine work for the excavation of a multistory construction. For every cum of excavation, 3 man-hours are needed; or 0.2 machine-hour. Costs involved are Rs. 20 per man-hour and Rs. 500 per machine-hour. The total quantity of excavation is estimated to be 4,000 cum. The optimal quantity of excavation to be done manually for minimum total cost will be (a) 1500 cum (b) 1800 cum (c) 2250 cum (d) 2500 cum

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Last Answer : (d) 2500 cum

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How A firm uses 20000 units of an item per year. The carrying cost is 25 of the 10 price the cost of ordering is 10 and the firm used the EOQ to order. The annual total cost of carrying plus ordering?

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If the excavation of earth is done manually then it costs Rs. 10 per cum. A machine can excavate at a fixed cost of Rs. 4000 plus a variable cost of Rs. 2 per cum. The quantity of earth for which the cost of excavation by machine will be equal to the cost of manual excavation is (A) 500 cum (B) 1000 cum (C) 1500 cum (D) 2000 cum

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Ashwin purchased a second hand machine for Rs.1 lakh. Over the first year after its purchase. He incurred an expense of Rs.20000 in maintaining it. At the end of the first year he sold it for Rs.80000. Find his profit/loss percentage. If 25% of the total cost price (i.e., purchased price + expenses) is to be deducted on account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss

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A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

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Mark the correct option a) Interest at 10% per annum is charged on the loan compounded half yearly b) Second loan is not admissible until first loan is cleared. c) Loan are not available on AEA policies d) The risk is covered on the PLI policy by dept only from the date of acceptance of the proposal by the CPMG e) All the above

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A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.

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In National Savings Certificates, investment up to ________ per annum qualifies for IT Rebate under section 80C of Income Tax Act. A. Rs.10 lakh B. Rs.2 lakh C. Rs.5 lakh D. Rs.1 lakh

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There are three different categories of jobs A, B and C. The average salary of the students who got the job of A and B categories is Rs.32 lakh per annum. The average salary of the student who got the job of B and C category is 54 lakh per annum. And the average salary of those students who got the job of A and C is Rs.44 lakh per annum. The most appropriate (or closet) range of average salary of all the three categories (if it is known that each student gets only one category for jobs i.e, A, B and C): A) lies between 30 & 44 B) lies between 48 & 56 C) lies between 38 & 45 D) lies between 49 & 50

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Last Answer : Answer: C) Let the number of students who got the jobs of A, B and C categories is a, b and c respectively, ∴Total salary of Aand B = 32 (a +b) ∴Total salary of B and C = 54 (b+ ... the minimum salary must be Rs.38 lakh and the maximum salary cannot exceed 45, which is the highest of the three..

A sum of Rs. 1521 is lent out in two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum? (a) Rs.946 and Rs.565 (b) Rs.986 and Rs.515 (c) Rs.956 and Rs.505 (d) Rs.936 and Rs.585 (e) None of the above

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Last Answer : (d) Rs.936 and Rs.585

Interest payments on loans borrowed abroad are recorded in A. Capital Account B. Current Accounts C. errors and Omission Section D. Official Reserve Account

Description : Interest payments on loans borrowed abroad are recorded in A. Capital Account B. Current Accounts C. errors and Omission Section D. Official Reserve Account

Last Answer : Current Accounts

Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19%

Description : Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19% 

Last Answer : Answer – C (16%) Explanation – C.P of 20 dozen = Rs.(48 x 20) = Rs.960 C.P of 8 dozen = Rs. (48 x8) = Rs. 384. C.P of 12 dozen =Rs. (960 – 384) = Rs. 576 Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60 ∴ Profit % = (153.60/960 x 100)% =16%

Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%

Description : Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%

Last Answer : Answer – B .8% Explanation: CP =Rs.(30 x 8 + 10) = Rs.250 SP = Rs. (30 x 5 + 30 x 4) = Rs.270 Gain% = (20/250 x 100)% = 8%

A company has to choose between two projects whose cash flows are as indicated below; Project 1: i. Investment – Rs. 15 Lakhs ii. Annual cost savings – Rs. 4 lakhs. iii. Bi-annual maintenance cost – Rs. 50,000/- iv. Reconditioning and overhaul during 5th year: 6 lakhs v. Life of the project – 8 years vi. Salvage value – Rs. 5 lakhs Project 2: vii. Investment – Rs. 14 Lakhs viii. Annual cost savings – Rs. 3.5 lakhs. ix. Annual Maintenance cost – Rs. 20,000/- x. Reconditioning and overhaul during 4th year: 5 lakhs xi. Life of the project – 8 years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Description :  A company has to choose between two projects whose cash flows are as indicated  below; Project 1:  i. Investment - Rs. 15 Lakhs ii. Annual cost savings - Rs. 4 lakhs. iii. Bi-annual ... years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Last Answer : Year Project 1 Project 2 Outgo Saving NPV Outgo Saving NPV 0 15.0 0 =-15.0 14.0 0 = -14 1 0 4.0 = (4 / (1+.12)1 = 3.571 0.2 3.5 = (3.3 / (1+.12)1 = 2.95 2 0.5 4.0 = (3.5 / (1+.12)2 = 2.79 0.2 3.5 ... (1+.12)8 = 3.43 0.2 5.5  (3.5+2) = (5.3 / (1+.12)8 = 2.14 NPV = + 2.301 @12% = + 0.15