Which of the following statements is/are false?
I. The term ‘depreciation’, ‘depletion’ and ‘amortization’ convey the same meaning.
II. Provision for depreciation A/c is debited when provision for depreciation A/c is created.
III. The main purpose of charging the profit and loss A/c with the amount of depreciation is to spread the cost of an asset over its useful life for the purpose of income determination.

The expression that gives the amount on a sum of $₹5000$ for $24$ months at $20\%$ compound interest is

The number of vehicles on road increases at the rate of $8\%$ per annum. If there are $8125$ vehicles (average) on road in the year $2014$, the number of vehicles in the year $2016$ will be

The amount $A$ on a sum of money $P$ at $R\%$ per annum for $n$ years interest compounded quarterly is:

The amount on $₹1000$ for $2$ years at $10\%$ per annum compounded annually is