gneet    TOPIC : Time value of money Number of questions are 45
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QUESTION    2
EXERCISE 4 A Q. 1
Q.1) S.I on Rs. 3,500 for 3 years at 12% per annum is Rs.

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P = 3500, R = 12% N = 3
S.I. = PRN / 100
= 3500 ×12 ×3 /100
= 1260
Answer : (b)


Exercise 4(A) cumulative number 1 -10
Exercise 4(B) cumulative number 11 -24
Exercise 4(C) cumulative number 25 -37
Exercise 4(D) cumulative number 38 -45
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