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Explain the following term/concept. Interest - Secretarial Practice

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प्रश्न

Explain the following term/concept.

Interest

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उत्तर

Interest is the price paid for the productive services rendered by capital. It is a charge against the profit of the company. Even if the company makes no profit, interest should be paid. It is payable at a fixed and generally pre-determined.

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Interest
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अध्याय 10: Dividend and Interest - Explain the following terms/concepts

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एससीईआरटी महाराष्ट्र Secretarial Practice [English] 12 Standard HSC
अध्याय 10 Dividend and Interest
Explain the following terms/concepts | Q 2
बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 10 Dividend and Interest
Exercises | Q 2.03 | पृष्ठ १५५
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