Dev brought an electrical fan which has a marked price of ₹ 800. If the GST on the goods is 7%, then the SGST is :

1. ₹ 24

2. ₹ 28

3. ₹ 56

4. ₹ 80

₹ P is deposited for n number of months in a recurring deposit account which pays interest at the rate of r% per annum. The nature and time of interest calculated is :

1. compound interest for n number of months

2. simple interest for n number of months

3. compound interest for one month

4. simple interest for one month

Mr. Das invests in ₹ 100, 12% shares of Company A available at ₹ 60 each. Mr. Singh invests in ₹ 50, 16% shares of Company B available at ₹ 40 each. Use this information to state which of the following statements is true.

1. The rate of return for Mr. Das is 12%

2. The rate of return for Mr. Singh is 10%

3. Both Mr. Das and Mr. Singh have the same rate of return of 10%

4. Both Mr. Das and Mr. Singh have the same rate of return of 20%

Amit invested a certain sum of money in ₹ 100 shares, paying a 7.5% dividend. The rate of return on his investment is 10%. The money invested by Amit to purchase 10 shares is :

1. ₹ 250

2. ₹ 750

3. ₹ 900

4. ₹ 1100