Q.

1
You want to apply for an educational loan of Rs. 8,00,000 at State Bank of India. You can
repay the loan in 12 years. The annual interest rate is 7.5%. Calculate the monthly
payment you need to pay to the bank.

Note: Your answer should be in cell D16. Show the workings. Using direct values in the
formula will fetch zero points. You need to refer appropriate cells.

Parameters Value Unit

Loan Amount 800000 Rs
Loan Tenure 12 Years
Interest rate 7.5% Annualy

Monthly payment ₹ -8,442

Q. 2
Your team member proposes a project idea. You ask him to check the financial viability using Net Present Value
sheet and required data. He is not sure of how to use NPV formula in Excel. Find the NPV of the project and sugge
NPV.

Note: Your answer should be in cell D21. Show the workings. Using direct values in the formula will fetch zero poin

Discount rate
8%
(WACC)
Year Year Cash Flow
2022 0 -48000
2023 1 6000
2024 2 8000
2025 3 11000
2026 4 14000
2027 5 17000

NPV -4993
 using Net Present Value method. He comes up with the excel
V of the project and suggest your recommendation based on the

rmula will fetch zero points. You need to refer appropriate cells.
Q. 3
You are building a budget for the next year. You had purchased a machine worht Rs. 55 Lakhs last year. Final
value of the machine at the end of 12 years would by 12 Lakhs. Find out, using Straight-line depreciation
method, how much depreciation should be charged every year.

Note: Your answer should be in cell D16. Show the workings. Using direct values in the formula will fetch zero
points. You need to refer appropriate cells.

Parameters Value
Initial cost (Rs) 5500000
Final Value (Rs) 1200000
Life (years) 12

Depreciation ₹ 654,500
Lakhs last year. Final
t-line depreciation

ormula will fetch zero

Q. 4
You just got a job. As a gift for yourself, you bought an Activa 5G worth Rs. 85000. You agreed to repay the loan
amount in 3 years at an annual interest rate of 8%. You are curious to know how much principal amount and
interest amount you pay every month. Prepare a table to show the principal component, interest component, and
balance after each EMI.

Note: Your answer should be in cells D18:F53. Show the workings. Using direct values in the formula will fetch zero
points. You need to refer appropriate cells.

Parameters Values
Annual interest rate 8%
Years 3 36
Payments per year ₹ -28,711.95
Amount (Rs) ₹ 85,000

Payment No. Payment Principal Interest Balance

0 ₹ -2,663.59 ₹ -2,096.92 ₹ 567 ₹ 85,000
1 ₹ -2,663.59 ₹ -2,110.90 ₹ 553 ₹ 82,903.08
2 ₹ -2,663.59 ₹ -2,124.98 ₹ 539 ₹ 80,792.17
3 ₹ -2,663.59 ₹ -2,139.14 ₹ 524 ₹ 78,667.20
4 ₹ -2,663.59 ₹ -2,153.40 ₹ 510 ₹ 76,528.05
5 ₹ -2,663.59 ₹ -2,167.76 ₹ 496 ₹ 74,374.65
6 ₹ -2,663.59 ₹ -2,182.21 ₹ 481 ₹ 72,206.89
7 ₹ -2,663.59 ₹ -2,196.76 ₹ 467 ₹ 70,024.68
8 ₹ -2,663.59 ₹ -2,211.40 ₹ 452 ₹ 67,827.92
9 ₹ -2,663.59 ₹ -2,226.15 ₹ 437 ₹ 65,616.51
10 ₹ -2,663.59 ₹ -2,240.99 ₹ 423 ₹ 63,390.36
11 ₹ -2,663.59 ₹ -2,255.93 ₹ 408 ₹ 61,149.37
12 ₹ -2,663.59 ₹ -2,270.97 ₹ 393 ₹ 58,893.45
13 ₹ -2,663.59 ₹ -2,286.11 ₹ 377 ₹ 56,622.48
14 ₹ -2,663.59 ₹ -2,301.35 ₹ 362 ₹ 54,336.37
15 ₹ -2,663.59 ₹ -2,316.69 ₹ 347 ₹ 52,035.02
16 ₹ -2,663.59 ₹ -2,332.14 ₹ 331 ₹ 49,718.33
17 ₹ -2,663.59 ₹ -2,347.68 ₹ 316 ₹ 47,386.20
18 ₹ -2,663.59 ₹ -2,363.33 ₹ 300 ₹ 45,038.51
19 ₹ -2,663.59 ₹ -2,379.09 ₹ 285 ₹ 42,675.18
20 ₹ -2,663.59 ₹ -2,394.95 ₹ 269 ₹ 40,296.09
21 ₹ -2,663.59 ₹ -2,410.92 ₹ 253 ₹ 37,901.14
22 ₹ -2,663.59 ₹ -2,426.99 ₹ 237 ₹ 35,490.22
23 ₹ -2,663.59 ₹ -2,443.17 ₹ 220 ₹ 33,063.23
24 ₹ -2,663.59 ₹ -2,459.46 ₹ 204 ₹ 30,620.06
25 ₹ -2,663.59 ₹ -2,475.85 ₹ 188 ₹ 28,160.60
26 ₹ -2,663.59 ₹ -2,492.36 ₹ 171 ₹ 25,684.75
27 ₹ -2,663.59 ₹ -2,508.98 ₹ 155 ₹ 23,192.39
28 ₹ -2,663.59 ₹ -2,525.70 ₹ 138 ₹ 20,683.42
29 ₹ -2,663.59 ₹ -2,542.54 ₹ 121 ₹ 18,157.71
30 ₹ -2,663.59 ₹ -2,559.49 ₹ 104 ₹ 15,615.17
31 ₹ -2,663.59 ₹ -2,576.55 ₹ 87 ₹ 13,055.68
32 ₹ -2,663.59 ₹ -2,593.73 ₹ 70 ₹ 10,479.13
33 ₹ -2,663.59 ₹ -2,611.02 ₹ 53 ₹ 7,885.40
34 ₹ -2,663.59 ₹ -2,628.43 ₹ 35 ₹ 5,274.38
35 ₹ -2,663.59 ₹ -2,645.95 ₹ 18 ₹ 2,645.95
36 #NUM! #NUM! ₹0 ₹ 0.00
 . You agreed to repay the loan
w much principal amount and
onent, interest component, and

ues in the formula will fetch zero