Section 124.Unpaid Dividend Account: (5)Any money transferred to the Unpaid Dividend Account of a company in pursuance of this section which remains unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred by the company along with interest accrued, if any, thereon to the Fund established under sub-section (1) of section 125 and the company shall send a statement in the prescribed form of the details of such transfer to the authority which administers the said Fund and that authority shall issue a receipt to the company as evidence of such transfer.
Rs. ‘P’ was invested in scheme A at the rate of 30% per annum on compound interest for 3 years. Rs. (P+9875) was invested in scheme B at the rate of...
Viraj invested Rs. 3500 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest...
If a sum of money doubles in 5 years at simple interest, what is the rate of interest per annum?
If the ratio of the sum invested and simple interest received after 1 year is 20:13 respectively, then find the rate of interest.
A certain sum is invested at a simple interest rate of 10% per annum for a certain period. If the sum becomes five times the principal at the end of the...
Mitch placed Rs. 32,000 in a compound interest account with an annual rate of 30%, compounded semi-annually. After investing for a period of 15 months, ...
A principal of Rs. 'x' is invested at an annual compound interest rate of 30%, compounded yearly, and grows to Rs. 2535 after 2 years. Calculate the sim...
A certain sum of money will be doubled in 80 years at the rate of simple interest percent per annum is:
Mr. Mathur invested Rs. 40,000 with Bank A for 2 years and Rs. 10,000 with Bank B for 4 years at simple interest and earned Rs. 6,000 as interest. Find ...
What sum of money must be given at simple interest for 5 months at 3% per annum in order to earn Rs. 260 interest?