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Cash (i) : prize awarded rs5000. Cash (ii): prizes awarded rs 5000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-2011 rs 7,200. Cash (iii) prize awarded rs5,000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-11 rs7,200; 9% prize fund investment as on 31st March, 2010 rs 40,000; intrest received on prize fund investments rs2,700.?
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Cash (i) : prize awarded rs5000. Cash (ii): prizes awarded rs 5000; pr...
Cash Prizes and Prize Fund Management

Cash Prize (i)
- Prize awarded: Rs 5,000

Cash Prize (ii)
- Prize awarded: Rs 5,000
- Prize fund as on 31st March 2010: Rs 40,000
- Donations for prizes received during the year 2010-2011: Rs 7,200

Cash Prize (iii)
- Prize awarded: Rs 5,000
- Prize fund as on 31st March 2010: Rs 40,000
- Donations for prizes received during the year 2010-2011: Rs 7,200
- 9% prize fund investment as on 31st March 2010: Rs 40,000
- Interest received on prize fund investments: Rs 2,700

Management of Cash Prizes
- Cash prizes are awarded to individuals or organizations for their achievements or contributions.
- In this case, three cash prizes have been awarded, each worth Rs 5,000.

Management of Prize Fund
- The prize fund is an amount set aside to finance the cash prizes.
- As of 31st March 2010, the prize fund was Rs 40,000.
- Donations for prizes received during the year 2010-2011 amount to Rs 7,200.
- This means that the total prize fund available for the year 2010-2011 is Rs 47,200 (Rs 40,000 + Rs 7,200).

Investment of Prize Fund
- A portion of the prize fund is invested to generate additional income.
- As of 31st March 2010, 9% of the prize fund, which is Rs 40,000, was invested.
- The interest received on this investment is Rs 2,700.

Summary
- Cash prizes (i), (ii), and (iii) have been awarded, each worth Rs 5,000.
- The prize fund as on 31st March 2010 was Rs 40,000.
- Donations for prizes received during the year 2010-2011 amount to Rs 7,200.
- The prize fund available for the year 2010-2011 is Rs 47,200.
- 9% of the prize fund, which is Rs 40,000, was invested, and the interest received is Rs 2,700.
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Cash (i) : prize awarded rs5000. Cash (ii): prizes awarded rs 5000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-2011 rs 7,200. Cash (iii) prize awarded rs5,000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-11 rs7,200; 9% prize fund investment as on 31st March, 2010 rs 40,000; intrest received on prize fund investments rs2,700.?
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Cash (i) : prize awarded rs5000. Cash (ii): prizes awarded rs 5000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-2011 rs 7,200. Cash (iii) prize awarded rs5,000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-11 rs7,200; 9% prize fund investment as on 31st March, 2010 rs 40,000; intrest received on prize fund investments rs2,700.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Cash (i) : prize awarded rs5000. Cash (ii): prizes awarded rs 5000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-2011 rs 7,200. Cash (iii) prize awarded rs5,000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-11 rs7,200; 9% prize fund investment as on 31st March, 2010 rs 40,000; intrest received on prize fund investments rs2,700.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Cash (i) : prize awarded rs5000. Cash (ii): prizes awarded rs 5000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-2011 rs 7,200. Cash (iii) prize awarded rs5,000; prize fund as on 31st March, 2010 rs40,000 ; donations for prizes received during the year 2010-11 rs7,200; 9% prize fund investment as on 31st March, 2010 rs 40,000; intrest received on prize fund investments rs2,700.?.
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