Special provisions for compensation have been provided under Motor Vehicles Act for hit and run cases in respect of-
S. 161. Special provisions as to compensation in case of hit and run motor accident. -- (1) Notwithstanding anything contained in any other law for the time being in force or any instrument having the force of law, the Central Government shall provide for paying in accordance with the provisions of this Act and the scheme made under sub-section (3), compensation in respect of the death of, or grievous hurt to, persons resulting from hit and run motor accidents.
A certain amount earns simple interest of Rs. 1520 after 5 years. Had the interest been 6% more, how much more interest would it have earned?
A man buys a laptop at Rs. 18,000. He pays Rs.6,000 at once and the rest after 18 months on which he is charging a simple interest at the rate of 15% p...
The simple interest received on a sum at the rate of 4 percent per annum is 3/5 of the sum. What is the time period?
Rs. ’P’ invested at a rate of 10% p.a. compound interest (compounded annually) amounts to Rs. 7744 at the end of 2 years. Find the simple interest e...
A man invested Rs. 16,000 at simple interest of 'x%' p.a. and received Rs. 32,000 after 2 years. If he had invested Rs. 21,000 at simple interest of 'x%...
A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference betw...
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs....
A sofa of MRP 450 is available in Rs.90 cash down payment and 9 monthly equal installment of Rs.45 each. Find the rate of interest per annum.
Suppose a specific amount is invested in a Life insurance policy at a simple interest rate of 15% per annum for 2 years, the interest earned amounts to ...
The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same ...