Question
Under the BNSS, 2023, what is the difference between
aĀ bondĀ and aĀ bail bond?Solution
Section 2Ā Clause (d) definesĀ ābail bondāĀ asĀ an undertaking for release with surety, while Clause (e) definesĀ ābondāĀ asĀ a personal bond or an undertaking for release without surety.
Maya invested Rs. 5000 in scheme 'E' for 2 years and Rs. 6000 in scheme 'F' for 5 years. Both schemes offer a simple interest rate of 10% per annum. Fin...
On a principal of Rs. 2000, simple interest at R% per annum for 3 years is Rs. 480. Find the simple interest on Rs. 2500 at (R + 4)% per annum for 5 years.
Simple interest received at the rate of 9% p.a. for 5 years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2000 after 4 years. If the same amount is investe...
Suman paid ā¹9,600 in interest on a loan she obtained 5 years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?
A took a loan of Rs.5410 at simple interest of 15% p.a. and invested the same money in a scheme at simple interest of 25% p.a. Find the profit earned by...
- Ramesh deposited Rs. 10,500 at 18% per annum for 2 years and Rs. 7,200 at 22% per annum for 4 years. Calculate the total simple interest he received.
R' invested an amount of Rs. 'r' for a duration of 4 years, while 'S' invested Rs. 6000 for 18 months. The ratio of their respective profits is 16:9. De...
A took loan from a bank at the rate of 15%p.a. simple interest. After 3 years he had to pay Rs.13500 interest only for the period. The principal amount ...
Rs. 18,000 is invested at simple interest at 8% per annum for some years. If the interest earned is Rs. 8,640, for how many years was the money invested?