Question 56
Mr. Gupta has got his stock insured against fire for Rs5,00,000/- ,during the year he lost the stock in his ware house for Rs. 4,00,000/-. The surveyor from insurance company gave his report that at the time of fire the stock in the ware house had value 6,00,000/- Calculate what amount Mr. Gupta will receive from the insurance company.
Question 57
Mr. Neeraj Gupta wants to withdraw Rs. 50,000 per quarter form an account after 3 years for 6 years. How much should he deposit in this account today if the ROI is 12% p.a. compounded quarterly.?
Question 58
As per rule 69 of doubling, what is the doubling period if rate of interest is 9%
Question 59
Dinesh took a housing loan of Rs. 25,00,000/- for 15 years in 2010 at a ROI of 11.75% per annum compounded monthly. Calculate the total interest and principle paid by him in the 2014 and 2016.
A)

B)

C)

D)

A)

B)

C)

D)

Question 60
Which assets are totally except from wealth tax?

