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

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
by

1 Answer

Answer :

(A) Rs. 31050
by

Related questions

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

Description : 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 ... method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

Last Answer : D) 60,196

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

Description : 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

Last Answer : (B) Rs. 3480

An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Description : An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is (A) Rs. 8,43,750 (B) Rs. 8,75,000 (C) Rs. 10,50,000 (D) Rs. 11,56,250

Last Answer : (A) Rs. 8,43,750

A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is (A) Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Description : A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method ... Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Last Answer : (B) Rs. 5,75,000

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

Description : 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 ... be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

Last Answer : (C) Rs. 6,400

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

Description : 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. ... ) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Last Answer : (d) Rs. 2,990

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

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

Description : 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

Last Answer : (b) 3,000 units

A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Description : A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Last Answer : (C) 800

A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Description : A company's break even point is 6,000 units per annum. The selling price is Rs. 90 per unit and the variable cost is Rs. 40 per unit. What are the company's annual fixed costs? (a) Rs. 120 (b) Rs. 2,40,000

Last Answer : 5,40,000

Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

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

Description : 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 ... will be (A) 3.7 years (B) 4.23 years (C) 5 years (D) 7.87 years

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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

Description : 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

Last Answer : (a) 15:16

Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for Rs.100 each. What is the rate of dividend, and what is his

Description : Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for Rs.100 each. What is the rate of dividend, and what is his

Last Answer : Ranvir gets `8%` per annum, on his investment made in buying Rs.80 shares of a company for ... his annual dividend if he purcheses 500 such shares?

An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the (A) Manufacturing cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

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Last Answer : (B) Depreciation by sinking fund method

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

Description : 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 ... total cost will be (a) 1500 cum (b) 1800 cum (c) 2250 cum (d) 2500 cum

Last Answer : (d) 2500 cum

What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearlyd) None of these

Description : What is the rate of interest in PPF wef 01 Apr 12 ? a) 8.8% per annum compounded yearly b) 8.5% per annum compounded yearly c) 8.6 % per annum compounded yearly d) None of these

Last Answer : a) 8.8% per annum compounded yearly

The annual payment of Rs. 200 in 5 yr at 5% per annum simple interest will discharge a debt of? (a) Rs. 950 (b) Rs. 800 (c) Rs. 1000 (d) Rs. 1250 (e) None of the above

Description : The annual payment of Rs. 200 in 5 yr at 5% per annum simple interest will discharge a debt of? (a) Rs. 950 (b) Rs. 800 (c) Rs. 1000 (d) Rs. 1250 (e) None of the above

Last Answer : e) None of the above

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

Description : 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

Last Answer : D Total simple interest received , I = Rs.1500 Principal , p = 8500 period, n = 4 years Rate of interest, r = ? Simple Interest, I=PNR/100 1500 = ( 8500 4 r )/ 100  = ... total amount is Rs.8500.  Therefore, the amount lent at 5% per annum (part1 amount) = 8500x12/17  = 6000 

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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Last Answer : (B) 16105

A Firm is considering undertaking a project that would yield annual profits (after depreciation) of Rs 68,000 for 5 years. The initial outlay of the project would be Rs 800,000 and the project's assets would have a residual value of Rs 50,000 at the end of the project. What would be the accounting rate of return for this project? A 16% B 8.5% C 8.0% D 9.1%

Description : A Firm is considering undertaking a project that would yield annual profits (after  depreciation) of Rs 68,000 for 5 years. The initial outlay of the project would be Rs  800,000 and the project's assets would have ... accounting rate of return for this project?  A 16%  B 8.5%  C 8.0%  D 9.1%

Last Answer : A 16%

If super profit is Rs. 4‚000 and normal rate of return is 8 per cent, the amount of goodwill will be– (A) Rs. 40‚000 (B) Rs. 50‚000 (C) Rs. 4‚00‚000 (D) Rs. 5‚000

Description : If super profit is Rs. 4‚000 and normal rate of return is 8 per cent, the amount of goodwill will be– (A) Rs. 40‚000 (B) Rs. 50‚000 (C) Rs. 4‚00‚000 (D) Rs. 5‚000

Last Answer : Answer: Rs. 50‚000

Sinking fund is (A) The fund for rebuilding a structure when its economic life is over (B) Raised to meet maintenance costs (C) The total sum to be paid to the municipal authorities by the tenants (D) A part of the money kept in reserve for providing additional structures and structural modifications

Description : Sinking fund is (A) The fund for rebuilding a structure when its economic life is over (B) Raised to meet maintenance costs (C) The total sum to be paid to the municipal ... tenants (D) A part of the money kept in reserve for providing additional structures and structural modifications

Last Answer : (A) The fund for rebuilding a structure when its economic life is over

15. Find the simple interest and the amount when: (a) Principal = Rs 6400, rate = 6% p.a. and time = 2 years (b)Principal = Rs 2650, rate = 8% p.a. and time = 212212 years?

Description : 15. Find the simple interest and the amount when: (a) Principal = Rs 6400, rate = 6% p.a. and time = 2 years (b)Principal = Rs 2650, rate = 8% p.a. and time = 212212 years?

Last Answer : when followed by a vowel sound or used as an emphatic form

The following data, relates to manufacturing company for the year 2006-07– Net Profit as per P & L A/c–Rs. 2,40,000; Depreciation–Rs. 80,000; Goodwill written-off– Rs. 40,000, Profit on Sale of Fixed Assets–Rs. 16,000, Proposed Dividend–Rs. 96,000. The fund from operation would be– (A) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Last Answer : Answer: None of the above

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

Description : 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

Last Answer : a C.I = 8000 * (1+(10/100))2 –8000  = 8000 *110/100 * 110/100 – 8000 = 9680 – 8000 = Rs.1680 Therefore, S.I = C.I / 2 = 1680 / 2=Rs. 840 840 = sum * 4 * 5 / 100 :. Sum = Rs.(840 * 100)/ (4 *5) = Rs.4200

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

Description : 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 ... Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11 

Last Answer : Answer: C) Ratio of their profit P, Q, R is 54*4+36*6:72*6+90*4:108*x+126*(10-x) =12:22:35 - 0.5x Profit of R=profit of P +profit of Q 35-0.5x=12+22 X=2 year The number of years for R invests Rs 126 lakh =10-2=8years

The MO commission chargeable for remitting Rs 5000/- to National defense fund and Prime minister Relief fund is Rs a) Rs 250/- b) Half rate of normal MO c) Nil d) 50 only

Description : The MO commission chargeable for remitting Rs 5000/- to National defense fund and Prime minister Relief fund is Rs a) Rs 250/- b) Half rate of normal MO c) Nil d) 50 only

Last Answer : c) Nil

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

Description : 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

Last Answer : answer:

DICGC guarantees amount up to _____________ per depositor per bank. A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Description : DICGC guarantees amount up to _____________ per depositor per bank. A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Last Answer : A. Rs.1,00,000 Explanation: DICGC guarantees amount up to Rs. 1,00,000 per depositor per bank. They also offer income tax and wealth tax benefits.

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

Description : 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 ... investments after one year? a) Rs.270 b) Rs.370 c) Rs.250 d) Rs.280 e) None of these

Last Answer : 5x + 3y = z (Total Income) x + y = 6600 -(1) 5x= 2(3y) 5x – 6y = 0 -(2) By solving (1) and (2) we get, x = 3600 so y = 3000 (3600*5*1)/100 + (3000*3*1)/100 = 180 + 90 = 270 Answer: a)

Rupesh invests Rs. 45,000 partly in Rs. 150 shares at Rs. 180 for 8% and partly in Rs. 75 shares at Rs. 135 for 12%. If the annual income from the inv

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The internal rate of return - (1) must be less than the interest rate if the firm is to in-vest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm's in-vestment.

Description : The internal rate of return - (1) must be less than the interest rate if the firm is to in-vest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm's in-vestment.

Last Answer : (3) falls as the annual yield of an investment rises. Explanation: The internal rate of return on an investment or project is the "annualized effective compounded re-turn rate" or discount rate ... the investment equals the net present value of the benefits (positive cash flows) of the investment.

The internal rate of return (1) must be less than the interest rate if the firm is to invest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm’s investment.

Description : The internal rate of return (1) must be less than the interest rate if the firm is to invest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm’s investment. 

Last Answer : falls as the annual yield of an investment rises.

A car with a mass of 1000 kilogram is moving at a speed of 10 meters per second. The kinetic energy of the car is: w) 100 Joules x) 5000 Joules y) 10,000 Joules z) 50,000 Joules

Description : A car with a mass of 1000 kilogram is moving at a speed of 10 meters per second. The kinetic energy of the car is: w) 100 Joules x) 5000 Joules y) 10,000 Joules z) 50,000 Joules

Last Answer : ANSWER: Z -- 50,000 JOULES

An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the compa

Description : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the compa

Last Answer : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` ... `12%`, then find the face value of each share.

From the information given below, calculate Debt service coverage Ratio– Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6,000, Debenture Redemption Fund Appropriation of Outstanding Debentures 10%. (A) 4•06 times (B) 5•06 times (C) 6•06 times (D) 7•06 times

Description : From the information given below, calculate Debt service coverage Ratio- Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6 ... . (A) 4 06 times (B) 5 06 times (C) 6 06 times (D) 7 06 times

Last Answer : Answer: 4•06 times

A software project was estimated at 352 Function Points (FP). A four person team will be assigned to this project consisting of an architect, two programmers, and a tester. The salary of the architect is Rs.80,000 per month, the programmer Rs.60,000 per month and the tester Rs.50,000 per month. The average productivity for the team is 8 FP per person month. Which of the following represents the projected cost of the project? (1) Rs.28,16,000 (2) Rs.20,90,000 (3) Rs.26,95,000 (4) Rs.27,50,000

Description : A software project was estimated at 352 Function Points (FP). A four person team will be assigned to this project consisting of an architect, two programmers, and a tester. The salary of the architect is Rs.80,000 per month, the ... ) Rs.28,16,000 (2) Rs.20,90,000 (3) Rs.26,95,000 (4) Rs.27,50,000

Last Answer : (4) Rs.27,50,000 

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

Description : 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 ... 30 & 44 B) lies between 48 & 56 C) lies between 38 & 45 D) lies between 49 & 50

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..

To the nearest rupee, what is the net present value of a replacement project whose cash flows are -Rs.104,000; Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 0 through 4, respectively? The firm has decided to assume that the appropriate cost of capital is 10% and the appropriate risk-free rate is 6%. A. Rs.15,115 B. Rs.26,798 C. Rs.33,346 D. Rs.48,121

Description : To the nearest rupee, what is the net present value of a replacement project whose cash flows are -Rs.104,000; Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 0 through 4, respectively? The firm has decided to ... -free rate is 6%. A. Rs.15,115 B. Rs.26,798 C. Rs.33,346 D. Rs.48,121

Last Answer : C. Rs.33,346

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

Description : 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

Last Answer : d) All the above

Following information is available of XYZ Limited for quarter ended June, 2013 Fixed cost Rs. 5,00,000 Variable cost Rs. 10 per unit Selling price Rs. 15 per unit Output level 1,50,000 units

Description : Following information is available of XYZ Limited for quarter ended June, 2013 Fixed cost Rs. 5,00,000 Variable cost Rs. 10 per unit Selling price Rs. 15 per unit Output level 1,50,000 units

Last Answer : (a) Rs. 2,50,000

Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used. (A) Straight line (B) Sinking fund (C) Present worth (D) Declining balance

Description : Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used. (A) Straight line (B) Sinking fund (C) Present worth (D) Declining balance

Last Answer : (D) Declining balance

The divisional supdt may sanction may sanction up to Rs____- only per rented bldgs per annum in each case a) 2500/- b) 30000/- c) 5000/- d) 10000/

Description : The divisional supdt may sanction may sanction up to Rs____- only per rented bldgs per annum in each case a) 2500/- b) 30000/- c) 5000/- d) 10000/

Last Answer : d) 10000

Estimates of a water supply project depends upon the rate of water supply per capita consumption and probable population estimated at the end of the design period of (A) 5 to 10 years (B) 10 to 15 years (C) 15 to 20 years (D) 20 to 30 years

Description : Estimates of a water supply project depends upon the rate of water supply per capita consumption and probable population estimated at the end of the design period of (A) 5 to 10 years (B) 10 to 15 years (C) 15 to 20 years (D) 20 to 30 years

Last Answer : (D) 20 to 30 years

A machinery is purchased for Rs. 3,00,000 and Rs. 50,000 is spent on its installation. Rs. 5,000 is spent on fuel. What will be the amount of capital expenditure ? (A) Rs. 3,00,000 (B) Rs. 3,50,000 (C) Rs. 3,55,000 (D) None of these

Description : A machinery is purchased for Rs. 3,00,000 and Rs. 50,000 is spent on its installation. Rs. 5,000 is spent on fuel. What will be the amount of capital expenditure ? (A) Rs. 3,00,000 (B) Rs. 3,50,000 (C) Rs. 3,55,000 (D) None of these

Last Answer : Answer: Rs. 3,50,000

If the compound interest accrued on an amount of Rs.15,000/- in two years is Rs.2,496/-.What is the rate of interest p.c.p.a.? a) 8 b) 12 c) 7.5 d) Cannot be determined e) None of these

Description : If the compound interest accrued on an amount of Rs.15,000/- in two years is Rs.2,496/-.What is the rate of interest p.c.p.a.? a) 8 b) 12 c) 7.5 d) Cannot be determined e) None of these

Last Answer : Let the rate of interest p.c.p.a. be x. 2496 =15000 * x /100 x = 16.64 16.64 is the rate of interest compounded for two year & for one year = 8% 8% C.I. table for two year. I year = 8% II year = 8.64 Total =16.64% Answer: a)

Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

Description : Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

Last Answer : (A) Diminishing balance

What is the minimum amount of deposit into/withdrawal from currency chest? A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Description : What is the minimum amount of deposit into/withdrawal from currency chest? A. Rs.1,00,000 B. Rs.1,50,000 C. Rs.2,00,000 D. Rs.3,00,000

Last Answer : A. Rs.1,00,000 Explanation: The minimum amount of deposit into/withdrawal from currency chest will be Rs.1,00,000/- and thereafter, in multiples of Rs.50,000.