- Interest
- Rate of interest
- Simple interest
- Principal
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Rohit was walking on the street, one boy requested him to donate for cancer patients welfare fund. He gave him a rupee more than half the money he had. He walked a few more steps. Then came a girl who requested him to donate for poor people's fund for which he gave two rupees more than half the money he had then. After that, again a boy approached him for an orphanage fund. He gave three rupees more than half of what he had. At last he had just one rupee remaining in his hand. How much amount did Ram have in his pocket when he started?
Answer: Option 3 Let X be the rupees he initially had. He gave for the cancer fund one rupee more than half of what he had. i.e.,[1 +(X/2)]. Remaining money = X-(1+X/2) =...
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What refers to the cost of borrowing money or the amount earned by a unit principal per unit time?
Answer: Option 3 Let'
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What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?
Answer: Option 3 Let'
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Insurance refers to protection against an event that _________ happen whereas Assurance refers to protection against an event that _________ happen.?
Answer: Option 2 Insurance refers to protection against an event that might happen whereas Assurance refers to protection against an event that will happen.
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An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of?
Answer: Option 4 An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of opportunity cost. Opportunity costs represent the...
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The term which refers to the total amount of sales made by a firm in one year or the total amount of money changing hands in business, is?
Answer: Option 2 The term which refers to the total amount of sales made by a firm in one year or the total amount of money changing hands in business,...
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A Ring, refers to a record chain, the last of which refers to the first record, in the chain, is called a/an?
Answer: Option 3 Let'
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The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;?
Answer: Option 4 Let'
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Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?
Answer: Option 4 Let'
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Alice is setting up a small network in her home so that she can study for her MCSE exams. She doesn't have a lot of money to spend on hardware, so she wants to use a network topology that requires the least amount of hardware possible. Which topology should she select?
Answer: Option 5 Let'
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