Question

Liabilities 2008 2009 assets 2008 2009 equity share capital 4,00,000 7,50,000 fixed assets 5,00,000 7,00,000 profit and loss a/c 1,70,000 1,20,000 tock 2,10,000 2,50,000 10% debentures 2,00,000 1,80,000 debtors 1,40,000 1,90,000 8% preference shares 60,000 1,00,000 bank 50,000 60,000 general reserve 70,000 50,000 9,00,000 12,00,000 9,00,000 12,00,000 during the year machine costing rs. 80,000 was sold for rs. 50,000. Dividend paid rs 80,000.

Answer 1

if compound interest received on a certain amount in the 2 nd year is rs 1200, what will be the compound interest (in rs) for the 4 th year on the same amount at 10% rate of interest