Savings and Investments
Savings and Investments: Overview
This topic covers concepts such as simple and compound interest, rate of interest, investment, equity shares, and savings bank deposits.
Important Questions on Savings and Investments
A man took a loan from a bank at the rate of per annum at simple interest. After he had to pay as interest only for the period. The principal amount borrowed by him was:
Mr. Trivedi invested in shares of face value at market value . If the company declared dividend at the end of the year, what was the income from dividend?
Calculate the total amount and compound interest on at an annual rate of interest of ;after years.
Calculate the compound interest on at an annual rate of interest of after years.
Calculate the rate of the interest charged in the scheme if a TV stand is sold for cash or cash down payment of with two equal monthly instalments of .
Calculate the rate of interest so that the principal would become in two years?
How much money should Surjeet deposit in the Punjab National bank, so that he gets after two years with the rate of interest annually?
Total income of Ramesh, Suresh and Preeti is . The percentages of their expenses are and respectively. If the ratio of their savings is , then find the annual saving of each of them.
Mr. Kumar has a recurring deposit account in a bank for years at rate of interest. If he gets as interest at the time of maturity. Find the amount of maturity (in ) of this recurring deposit account.
Ashish deposits a certain sum of money every month in a Recurring Deposit Account for a period of months. If the bank pays interest at the rate of p.a. and Ashish gets as the maturity value of this account, what sum of money did he pay every month?
Mr. Jam opened a savings bank account in a branch of Punjab National Bank on 6.4.2001 with a cash of . After that, his transactions were as given below.
He deposited by cheque on 14.4.2001; took out in his name on 10.5.2001; paid to a person through cheque on 2.6.2001; deposited in cash on 9.6.2001 took out on 3.7.2001.
Make the entries in his passbook.
Mrs. Rathore can earn a return of by investing in equity shares on her own. Now she is considering a recently announced Equity-based mutual fund scheme in which initial expenses and annual recurring expenses are per cent and per cent respectively. How much should the mutual fund earn to provide Mrs. Rathore, a return of ?
Mr. Sharma’s equity shares currently sells for per share. The finance manager of Mr. Sharma anticipates a constant growth rate of per cent and an end-of-year dividend of . What is your expected rate of return if you buy the stock for ?
Mr. Amar invested to buy equity shares of a company at market price of at brokerage. Find the number of shares he purchased.
The capital of ABC Company consists of lakhs in cumulative preference shares of each and lakhs in equity shares of each. The dividends on cumulative preference shares for the earlier year was not paid. This year, the company has to distribute a profit of lakh after keeping as reserve fund. Find the percentage rate of dividend paid to the equity shareholders.
Mr. Prashant invested to purchase equity shares of a company at a market price of through a brokerage firm, charging brokerage. The face value of a share is . How many shares did Mr. Prashant purchase?
If a mutual fund had NAV of at the beginning of the year and at the end of the year, find the absolute change and the percentage change in NAV during the year.
Mr. Deore invested to purchase units of ICICI MF - B plan on 4th April 2007. He decided to sell the units on 14th Nov. 2007 at NAV of . The exit load was . Find his profit.
A sum is invested at per annum simple interest. Calculate the interest at the end of each year. Show that these interests form an AP. Using this fact, find the interest at the end of years
A man invests at per annum compound interest for years. Calculate the interest for the first year
