Richemont Asia P. Cif. C Limited is a company that deals with fashion goods, luxury, and jewelry products.
The company was established in 1988, and it is a subsidiary of the Richemont group. The Richemont Group is a well-known company that deals with the luxury goods business. This company was founded in 1988 by the South African billionaire, Johann Rupert. It is headquartered in Bellevue, Switzerland.
The company operates in four segments; specialist watchmakers, online distributors, jewelry, and accessories, and other businesses. The company's main answer to their business is to create luxury products and services that are always unique and distinguished from others in the market. The company aims to reach the heights of success in the business by fulfilling the customers' desires, providing quality products and customer satisfaction.
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The government is concerned that the high inflation rate is threatening the sustainability of recent economic growth. What is the best way for the government to reduce the inflation rate?
Answer:
both raising taxes and reducing government spending, reduce the amount of money in the economy and reduce inflationary pressure on prices
Explanation:
Inflation is a situation where prices of goods and services become high. It can be caused by increased sand where consumers are willing to spend more on goods, or by an increase in production cost forcing suppliers to increase price.
The government can take various measures to control price increase during an inflation.
If money supply is reduced by less government spending and increased tax, there will be less tendency for price to increase.
Consumers will not be able to buy at the high price so suppliers are forced to reduce their prices
Reading market news by non-U.S-based publications will help:
Answer:
broadening the investor base and also allowing them to become better integrated into the local business scene.
Explanation:
While the four Ps help us remember the basics components of the __________, they don't have significant relevance in the marketing process.
Answer:
Marketing mix.
Explanation:
The said term is said to be an inclusion of certain multiple areas of focus as a vital body used to explain a comprehensive marketing plan. It clearly points to a certain classifications which are common that began as the four Ps which has the inclusion of factors like product, price, placement, and promotion. All these factors are of the marketing mix and are known to influence each other. They make up the business plan for a company and handled right, can give it great success. It is of great value too because of its help in focusing on a marketing mix helps organizations make strategic decisions when launching new products or revising existing products.
a corporate-level strategy is a plan of action that involves choosing in which industries and countries a company should invest its resources to achieve its:
A corporate-level strategy is a plan of action that involves choosing in which industries and countries a company should invest its resources to achieve its long-term goals and objectives, maximize profitability, and create sustainable competitive advantage.
Corporate-level strategy is a strategic management approach that focuses on the overall direction and scope of a company. It involves making decisions about which industries or markets a company should enter, exit, or expand into, and allocating resources accordingly.
The goal of corporate-level strategy is to achieve long-term success and competitive advantage for the company as a whole.
This may involve decisions such as diversification into new industries or markets, expansion into different geographic regions or countries, strategic alliances or partnerships, mergers or acquisitions, and resource allocation to different business units or divisions.
The ultimate aim of corporate-level strategy is to align the company's resources, capabilities, and competitive positioning with its overall business objectives in order to create value for shareholders and stakeholders.
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Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
a. 280 bushels of corn and 450 bushels of oats.
b. 360 bushels of corn and 520 bushels of oats.
c. 360 bushels of corn and 640 bushels of oats.
d. 340 bushels of corn and 500 bushels of oats.
Answer: d. 340 bushels of corn and 500 bushels of oats.
Explanation:
The country that has the lower opportunity cost in producing a certain commodity is the one with competitive advantage.
Cornland
Opportunity cost of growing Corn = 10/40 = 1/4 bushels of oats
Opportunity cost of growing oats = 40 / 10 = 4 bushels of corn
Oatland
Opportunity cost of growing Corn = 50/5 = 10 bushels of oats
Opportunity cost of growing oats = 5/50 = 1/10 bushels of corn
Cornland therefore has competitive advantage in producing corn and Oatland has competitive advantage in oats.
If both countries traded, Cornland would focus on corn and Oatland would focus on oats.
If all of Cornland's workers focused on corn, production would be:
= 20 * 40 bushels per worker
= 800 bushels of corn
If all of Oatland workers focused on oats, production would be:
= 20 * 50
= 1,000 bushels of oats
Increase in corn would be:
= 800 - (400 bushels from Cornland + 60 bushels from Oatland)
= 340 bushels of corn
Increase in oats:
= 1,000 - (100 bushels from Cornland + 400 bushels from Oatland)
= 500 bushels of oats
The listing broker about to present an offer to a seller receives a message that the seller has died. Due to the seller's death, A) the purchase offer is terminated, but the listing agreement continues. B) both continue until there is no one left to perform. C) the listing agreement is terminated, but the purchase offer continues. D) both the listing agreement and the offer are terminated.
When the listing broker is about to present an offer to a seller, and receives a message that the seller has died, the correct option among the given options is D) both the listing agreement and the offer are terminated.
What happens to the listing agreement and the purchase offer if the seller dies before the contract is signed?The listing agreement is a contract between the seller and the real estate agent that outlines the terms and conditions of the sale of the property.
It includes a clause that specifies what happens if the seller dies before the contract is signed. If the seller dies before the purchase offer is signed, the contract is considered null and void, and the buyer cannot purchase the property.
What happens if the seller dies after the contract is signed?If the seller dies after the contract is signed, the buyer can still purchase the property as long as the contract is not terminated. The contract will be passed on to the executor of the seller's estate, who will be responsible for settling the estate and closing the sale.
If the seller dies before the closing of the transaction, the contract is still valid and enforceable. The contract will be passed on to the executor of the seller's estate, who will be responsible for settling the estate and closing the sale.
Hence, option d. is correct.
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Who determines the price of a good or service for other firms in an industry?
producers
consumers
price leader
manufacturer
The price leader is the one who sets the price of a good or service for other companies in an industry.
What is price leadership?It corresponds to a company that is more positioned in the market, that is, it has reached a leadership position in its sector and is capable of determining the price of a good or service for other companies based on direct influence.
Therefore, the price leader is the company that influences the entire market with its strategic actions. A market sector that is likely to have a price-leading company will have higher entry barriers, with inelastic demand and less differentiation between products and services.
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The government claimed that, to illegally control the market, Microsoft used
a. predatory pricing and mergers.
b. predatory pricing and buying out competitors.
c. predatory pricing and forming a cartel.
d. predatory pricing and requiring customers to buy other products.
Answer:
B. Predatory pricing and buying out competitors
A FEATURE FILM PROMOTING ENTREPRENEURSHIP SOLD ALMOST HALF OF THE TOTAL TICKETS. TICKETS WERE PRICED AT PHP 75 FOR STUDENTS. IF THE AMOUNT COLLECTED FROM THE TICKETS WAS PHP 11,250,HOW MANY TICKETS OF STUDENTS WERE SOLD?
Answer:
150 tickets
Explanation:
Writing out needed parameters :
Price per student ticket (price of one student ticket) = PHP 75
The total revenue made from ticket sales ; (Total amount earned from the sale of student tickets) = PHP 11,250
The number of student tickets sold will be:
Total amout earned from sale / cost per ticket
PHP 11250 / PHP 75
= 150 tickets
The process of allocating the cost of an asset to expense over the useful life of the asset is called.
Answer:
Depreciation
Explanation:
Depreciation is the process of allocating the cost of an asset over the course of its useful life in order to align its expenses with revenue generation.
[RevyBreeze]
interest rates drop, and by refinancing you can save $110 a month. if the closing costs on the new mortgage are $2,090, how long will it take you to recover your closing costs
It will take approximately 19 months to recover the closing costs through the monthly savings achieved by refinancing.
To calculate how long it will take to recover your closing costs, we need to divide the closing costs by the monthly savings achieved through refinancing.
Closing Costs: $2,090
Monthly Savings: $110
Time to Recover Closing Costs = Closing Costs / Monthly Savings
Time to Recover Closing Costs = $2,090 / $110
Time to Recover Closing Costs ≈ 19 months
Therefore, it will take approximately 19 months to recover the closing costs through the monthly savings achieved by refinancing.
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A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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Imagine you got into an auto accident which was your fault and you have 15/30/5 insurance. You did $5,000 damage to the other car, and broke a computer in the other car's trunk worth
$2,000.
There were 3 people in the other car and their medical bills were $12,000
each. The father in the other car also was out of work for a month costing the family $6,000.
In total, you are sued for $49,000.
How much money will the insurance company pay toward the amount you were sued for in this accident?
Answer:
The insurance company will pay up to a maximum of $25,000 for this accident. This is determined by the limits of the insurance policy, which is 15/30/5. This means that the insurance company will pay up to $15,000 for bodily injury per person ($15,000 x 3 people = $45,000) and up to $30,000 for bodily injury per accident ($30,000). They will also pay up to $5,000 for property damage ($5,000). Therefore, the total amount the insurance company will pay is $15,000 + $30,000 + $5,000 = $50,000. Since the total amount sued for is $49,000, the insurance company will pay the full amount of $49,000.
Explanation:
The insurance provider will cover this accident for a maximum of $25,000. The insurance policy's 15/30/5 limits serve as the basis for this decision. This indicates that the insurance provider will cover bodily injury claims up to the amount of $15,000 per person
What is the insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.
($15,000 x 3 people = $45,000) and $30,000 per accident ($30,000). Additionally, they will cover property damage up to $5,000 ($5,000). As a result, the insurance provider will cover a total of $50,000 ($15,000 + $30,000 + $5,000). The insurance provider will cover the full $49,000 since the total amount claimed in the lawsuit is $49,000.
Therefore, The insurance company will pay up to $25,000 toward this accident's expenses.
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can i doit without pay
Answer:
what?
Explanation:
a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
which of the following is the first step in effective career planning? group of answer choices career counseling performance management individual assessment communication
The first step in effective career planning is individual assessment, which involves identifying one's interests, skills, values, and goals in order to make informed career decisions. Option C is correct.
Individual assessment is critical in effective career planning because it helps individuals identify their strengths, weaknesses, interests, values, and career goals. This information can then be used to explore potential career paths and determine the best fit based on individual preferences and abilities. Without an understanding of one's own strengths and goals, it can be difficult to make informed career decisions or develop a plan for career advancement.
While career counseling and communication with others can be helpful in the process, individual assessment is the crucial first step.
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A government subsidy to the producers of a product:
a) reduces product supply.
b) increases product supply.
c) reduces product demand.
d) increases product demand.
A government subsidy to the producers of a product increases product supply.
What is a subsidy from the government?Governments may promote specific industries or economic sectors with payments, tax rebates, or other financial incentives. Subsidies are meant to help or support what is thought to be a crucial component of the national economy or infrastructure.
Subsidies benefit who?A government incentive known as a subsidy is one that increases the availability of specific goods and services by providing money, grants, or tax exemptions to people or businesses. The availability of less expensive goods and commodities is made possible through subsidies.
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Shock Inc. has a target capital structure consisting of 30% debt, 5% preferred stock, and 65% common equity. Shock has 20-year, 7.25% semiannual coupon bonds that are selling for $875. Shocks preferred stock sells for $95 and pays a 9% dividend on a $100 par value. Shock is a constant growth firm with a growth rate of 4% and just paid a dividend of $2.35 on its common stock that is currently selling for $30.00 per share. The beta is 1.25 and the risk-free rate is 5.25%. The required return on the stock market is 11.50%. The firm’s tax rate is 25%. a. What is Shocks component after-tax component cost of debt? b. What is Shocks component cost of preferred stock? c. What is Shocks component cost of common equity based on the CAPM? d. What is Shocks component cost of common equity based on the DCF model? e. What is the WACC for Shocks assuming the firm use an average component cost of equity given the two methods used?
a. After-tax cost component of debt is 6.24%. To calculate the after-tax component cost of debt, we need to consider the tax rate. The formula is: After-tax cost of debt = Pre-tax cost of debt × (1 - Tax rate). Given that the coupon rate is 7.25%, and the bonds are selling for $875, we can calculate the pre-tax cost of debt:
Pre-tax cost of debt = Coupon payment / Bond price,Coupon payment = 0.0725 × Face value = 0.0725 × $1,000 = $72.50. Pre-tax cost of debt = $72.50 / $875 = 0.08314 or 8.314%
Considering a tax rate of 25%: After-tax cost of debt = 8.314% × (1 - 0.25) = 6.2355% or 6.24%.
b. The cost of preferred stock is calculated using the dividend yield formula: Cost of preferred stock = Dividend / Preferred stock price, Dividend = 0.09 × Par value = 0.09 × $100 = $9.00. Cost of preferred stock = $9.00 / $95 = 0.09474 or 9.474%.
c. The cost of common equity based on the Capital Asset Pricing Model (CAPM) is calculated using the following formula: Cost of common equity = Risk-free rate + Beta × Market risk premium,Risk-free rate = 5.25%,Beta = 1.25. Market risk premium = 11.50% - 5.25% = 6.25%.Cost of common equity = 5.25% + 1.25 × 6.25% = 12.875% or 12.88%
d. The cost of common equity based on the Dividend Discount Model (DCF) is calculated using the formula: Cost of common equity = Dividend / Stock price + Growth rate,Dividend = $2.35,Stock price = $30.00,Growth rate = 4%.
Cost of common equity = $2.35 / $30.00 + 4% = 11.83% or 11.83%.
e. To calculate the weighted average cost of capital (WACC), we need to assign weights to each component and calculate the weighted average: WACC = Weight of debt × Cost of debt + Weight of preferred stock × Cost of preferred stock + Weight of common equity × Cost of common equity. Given that the target capital structure is 30% debt, 5% preferred stock, and 65% common equity: Weight of debt = 30%,Weight of preferred stock = 5%,Weight of common equity = 65%.
WACC = 0.30 × 6.24% + 0.05 × 9.474% + 0.65 × (average of 12.88% and 11.83%)
The average cost of common equity can be calculated as (12.88% + 11.83%) / 2 = 12.355% or 12.36%
WACC = 1.872% + 0.4737% + 0.65 × 12.36% = 8.083% or 8.08%
Therefore, the WACC for Shock Inc. is 8.08%.
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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The manufacturer of Brand X floor polish is developing a new polish that they hope will dry faster than the competition’s polish. The competition’s polish is advertised to have an average (median) drying time of 7 minutes. In a random sample of 1300 polishes with the new polish, 900 of the polishes dried in less than 7 minutes. Without making any assumptions about the distribution, can the manufacturer conclude that the median drying time for Brand X is faster than the competition's brand? Use the sign test to analyze the results. Step 1 of 2 : Find the value of the test statistic to test that the new polish dries faster than the competition's polish. Round your answer to two decimal places if necessary.
The test statistic to test whether the new polish dries faster than the competition's polish is 4.64.
To analyze the results using the sign test, we compare the observed number of polishes that dried in less than 7 minutes (900) with the expected number of polishes that would dry in less than 7 minutes if the drying time was the same as the competition's polish (650, which is half of the total sample size). Next, we calculate the test statistic using the formula: test statistic = (observed number of successes - expected number of successes) / sqrt(expected number of successes * (1 - expected number of successes) / sample size) Plugging in the values, we have: test statistic = (900 - 650) / sqrt(650 * (1 - 650/1300) / 1300) = 4.64 The test statistic represents the number of standard deviations away from the expected value. In this case, the test statistic of 4.64 suggests that the observed number of polishes drying in less than 7 minutes is significantly greater than the expected number under the assumption that the drying time is the same as the competition's polish.
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I have an interview on Thursday how do i answer the question “ Tell me about yourself” and “ Why do you want to work here”
kbt inc. was involved in a hearing with an administrative agency. the hearing ruled against kbt inc. and the company has now filed an appeal with a district court. under what circumstances would the district court overturn the ruling made by the administrative agency hearing?
The district court may overturn the ruling made by the administrative agency hearing if the court determines that the hearing was conducted in an unfair manner.
That the agency made a decision that was arbitrary or capricious, or that the agency's decision was not supported by the evidence presented at the hearing. The district court may also overturn the ruling if it finds that the agency exceeded its authority or acted in violation of a constitutional right.
Ultimately, the district court's decision to overturn the ruling made by the administrative agency hearing will depend on the specific facts and circumstances of the case and the legal standards applicable in the jurisdiction where the appeal is being heard.
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The Member accepting delegation of approval authority is called a _____.
Answer:
Delegation
Explanation:
A buyer has a 30 year, $750,000 loan with a 5. 75% interest rate. How much is the first monthly payment?
The New York Times is attempting to adapt to the digital news revolution by doing all of the following EXCEPT
A. offering a lower priced online subscription trial.
B. publishing issues only online.
C. creating an app for smartphone/tablet.
D. including an online archive.
Zenex Radio Corporation has developed a new way to assemble an electrical component used in the manufacture of radios. The company wishes to determine whether x, the mean assembly time of this component using the new method, is less than 20 minutes, which is known to be the mean assembly time of the component using the current method.
suppose that Zenex Radio Corporation randomly selects a sample of n=6 employees. The company thoroughly trains each employee to use the new assembly method and has each employee assemble one component using the new method. The company records the assembly times and calculates the mean and standard deviation of the sample of n=6 assembly times to be y=14.29 minutes amd s=2.19 minutes
(a) assuming that the population of all assembly times has a normal distribution, calculate a 99% confidence interval for x.
(b) using the confidence interval in (a), can Zenex Radio be at least 99% confident that x is less than 20 minutes? justify your answer.
The population of all assembly times has a normal distribution, with 99% confidence that the true mean assembly time using the new method is between 10.48 and 18.10 minutes. The confidence interval does not include the value 20, we can be at least 99% confident that x is less than 20 minutes.
y ± t(α/2, n-1) * s/√n
Substituting the given values, we have:
y ± t(α/2, n-1) * s/√n
= 14.29 ± 4.032 * 2.19/√6
= (10.48, 18.10)
Normal distribution, also known as Gaussian distribution or bell curve, is a probability distribution that is commonly used in statistics. It is characterized by a symmetric, bell-shaped curve with most values clustered around the mean, or average, of the distribution. The curve describes the relative frequency of occurrences of events, such as the measurements of a particular variable, in a population or sample.
The normal distribution is important because many naturally occurring phenomena, such as height, weight, and IQ scores, follow this pattern. In addition, many statistical tests and analyses assume that the data being analyzed are normally distributed. The distribution is defined by two parameters: the mean, which represents the center of the distribution, and the standard deviation, which measures the spread of the data. The area under the curve represents the probability of an event occurring within a certain range of values.
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A big temple trust wants to develop a big hospital management system for their hospital management system. This problem highlights the importance of the 4+1 Views Model and the answers should emphasize this theory (4×2=8) A. Which group of people are concerned with Physical view? B. How is the Deployment view different from the Physical view? C. Draw the sample topology of software components as well as the physical connections between them. D. Briefly state how you would measure one of the dynamic elements in this system.
The 4+1 Views Model is a concept in software engineering that is concerned with the organization of a software development project into five separate views, with the goal of improving communication and reducing complexity.
The model includes the following views: Logical view, Process view, Physical view, Development view, and the Use case view.
A. People concerned with Physical view: People who are concerned with the Physical view are architects, system administrators, developers, and network engineers. They are responsible for making sure that the system is installed and running correctly and that the system meets all physical constraints.
B. Differences between Deployment and Physical view: Deployment view shows how the system will be deployed on hardware, such as servers or other computing devices, and how it will be connected to other systems and networks. Whereas, the Physical view shows the hardware, networks, and other physical resources needed to support the system, including servers, storage, and other devices.
C. Sample Topology of software components and physical connections.
D. Measurement of one dynamic element in this system
Measuring response time is an essential part of measuring the dynamic elements of a hospital management system. Measuring response time helps to identify performance bottlenecks and other issues that might be impacting the system's overall performance. The system administrator can use various tools such as APM (Application Performance Monitoring) software to measure response time.
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Why can you win a presidential election without winning the most individual votes?
Answer:
Because of Electoral College system
Explanation:
Answer:
You can win when you get more electoral college votes than your opponent. The first to 270 votes wins the race.
Explanation:
(hope this helps :P)
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Lifelong Learning: Mastery Test
4
Select the correct answer.
Why do many organizations encourage their employees to be lifelong learners?
O A employees will be more able to handle increasing responsibilities
OB. employees will be more likely to follow company policies
OC employees will be more likely to remain loyal to the company
OD. employees will be more likely to interact well with each other
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Answer: A. employees will be more able to handle increasing responsibilities.
Explanation:
Lifelong learning refers to the ongoing pursuit of knowledge for personal or professional reasons. When a person is a lifelong learner, such person has a growth mindset and pushes himself or herself to find new ideas to solve challenges.
Several organizations encourage their employees to be lifelong learners in order for such employees to be able to handle increasing responsibilities. Some organizations send their employees to study some courses which will help in their growth and development and also to be able to handle certain responsibilities.
At what rate per cent per annum will 4000 yield an interest of 410 in 2 years?
Answer:
5%
Explanation:
The applicable formula is A = P( 1 + r) ^ n
where A= amount: P is the principal, r, interest rate, n time
In this case,
A = principal + interest = Rs 410 { Rs 4000 + Rs410}
P= Rs 4000
r= ?
n= 2
r is?
4410 = 4000(1 + r) ^2
(1 + i)^ 2 = 4410/4000
(1 + i)^ 2 = 1.1025
1 + i = √1.1025
1 + i = 1.05
i = 1.05 - 1
i = 0.05
0.05 × 100 = 5%