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In Lal Chand through LRS v. state of Haryana 2018, the court mentioned that if the property devolved upon the heirs in accordance with Section 8 of Hindu Succession Act, the property in the hands of recipients is not an ancestral property rather it is his individual property. Similarly, in Judgment of Yudhishthir v. Ashok Kumar, 1987, it is held that property devolved on Hindu under Section - 8 would not be HUF in his hands vis-a-vis his own sons.
After how many years, Rs. 4400 will become 5324 at the rate of 10% p.a., compounded annually?
A sum is lent on compound interest for 2 years at 12% p.a. If the compound interest on the sum is Rs.4579.2, find the sum.
Rohit invested Rs. ‘x’ and Rs. ‘y’ in Scheme A and Scheme B respectively. He invested in Scheme A for 5 years at a simple interest rate of 6% p....
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 af...
Raghav has made financial investments in two different Gold Schemes. In Gold Scheme P, he invested a certain amount denoted by 'a' for 2 years with an a...
Akshay invested Rs. 1950 in two schemes P and Q in the respective ratio of 8:5. Scheme P and Q are offering simple interest at the rate of 8% per annum ...
Ravi invests Rs. 2,000 on simple interest at 'a%' p.a. for 4 years and earned an interest of Rs. 800. His friend Vinay invests Rs. 4,800 on simple inter...
A sum of Rs. 25600 is divided between 'Meera' and 'Nisha' in the ratio 9:7. If 'Nisha' invests her share in a scheme offering com...
Simple interest earned on an amount of Rs. 1000 at rate of R% per annum after 4 years is Rs. 200. Find the simple interest earned on an amount of Rs. 16...
A certain sum of money invested at R% p.a. simple interest amounts to Rs.17760after 4 years and Rs.22080after 7 years. If the same sum of money is inves...