Question

The interest calculated on the basis of 365 days a year, is known as :

a.

interest

b.

ordinary simple interest

c.

exact simple interest

d.

None of these

Posted under Civil Engineering

Answer: (c).exact simple interest

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. The interest calculated on the basis of 365 days a year, is known as :

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. In a cash-flow diagram :

Q. Which one of the following questions is relevant to the construction estimates :

Q. The ratio obtained by dividing 'quick assests' by current liabilities is called

Q. Which one of the following definitions, is correct ?

Q. Pick up the element of the cost from the following:

Q. The estimator for definitive estimates must be able :

Q. The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as

Q. The sunk costs include :

Q. Current assests less inventories divided by current liabilities is known as

Q. Which one of the following statements is correct?

Q. The alternatives which are standalone solutions for given situations in engineering involve :

Q. Pick up the correct statement from the following:

Q. Which one of the following is included in financial ratios of the firm ?

Q. Pick up the correct statement from the following:

Q. In a cash flow series :

Q. If P is principal amount, i is the rate of interest and n is the number of periods in years, then the interest factor is :

Q. Pick up the correct statement from the following:

Q. Pick up the correct statement from the following:

Q. Pick up the correct statement from the following:

Q. The project contractor relies on the cost of the estimate :

Recommended Subjects

Are you eager to expand your knowledge beyond Civil Engineering? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!