by Rahul Chimanbhai Mehta at November 10, 2014 at 09:14AM

A post to explain religious conversion in India, and how CoBhApSwaRa-workers are indirectly helping conversions : . A moneylender A loans Rs 20000 to B. The conditions are -- . 1. B pays Rs 5000 interest on day one itself. So B gets Rs 15000 . 2. B has to pay Rs 100 for next 200 days . What is annual rate of interest per year? . PLEASE NOTE THAT PRINCIPAL CHANGES EVERYDAY !! . Please note that there is no such thing as flat interest. The interest is always "cut interest" i.e. "kapat vyaj". Also, interest in business world is never simple interest --- it is always compound interest. Simple interest is only in textbooks and sometimes while collecting fines. Also, interest is compounded daily or monthly or quarterly. So please state scenario you are considering. . Hint : use excel . And AFTER you have calculated interest rates, please explain how this post relates to conversions and how CoBhApSwaRa-workers are indirectly helping conversions.Please dont post comments BEFORE calculating interest rates.

by Rahul Chimanbhai Mehta



from Right to Recall Group http://ift.tt/1uU5Ntj

via Bhavik Barai

Popular posts from this blog

by Rahul Chimanbhai Mehta Rrg at January 14, 2015 at 09:49AM

Why SoMoKe / CoBhAp oppose publicizing ALL land-ownership records in Delhi? . One of the Right to Recall Group proposal which gives hypothermia to SoMoKe in Rajathsni sumer and makes them sweat in Kashmiri winter is ---- put the names of ALL land-owners and flat owners on net along with their holdings' details. And if a plot is owned by company / trust then put the names of the owners and trustees on net as well. . The proposal is widely supported by almost all committed members of CoBhAp . But most CoBhAp members still oppose it when asked. Why? . First lets see why SoMoKe oppose this proposal. Sonia Gandhi owns land worth over Rs 5000 crore in via charitable trusts in Delhi alone !!! And multiply by 10 or 15 for all India estimate. She has lot to lose if this information becomes public. So she opposed this RRG proposal. . But does NaMo oppose this proposal? NaMo doesnt have any such land. In fact, NaMo has no trust, no company and only land he owns is 1-2 homes that he bought wit...
Read more