A retailer buys an article at its listed price from a wholesaler and sells it to a consumer in the same state after marking up the price by 20%. The list price of the article is ₹ 2500, and the rate of GST is 12%. What is the tax liability of the retailer to the central government?

1. ₹ 0

2. ₹ 15

3. ₹ 30

4. ₹ 60

₹ 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

Anwesha intended to open a Recurring Deposit account of ₹ 1000 per month for 1 year in a Bank, paying a 5% per annum rate of simple interest. The bank reduced the rate to 4% per annum. How much must Anwesha deposit monthly for 1 year so that her interest remains the same?

1. ₹ 12325

2. ₹ 1250

3. ₹ 1200

4. ₹ 1000

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%