The sinking fund is created for the redemption of debentures of rs. 1,00,000 at the end of 25 years. How much money should be provided out of the profit each year for the sinkinf fund if the investment can ean interest 4% pa
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P=100000
R=4% p.a
T =25 YRS.
S.I= 100000×4×25÷100
=100000.
A=100000+100000
=200000.
TOTAL PROFIT =100000
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