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Negotiable Instruments Act- 4. “Promissory note.”—A “Promissory note” is an instrument in writing (not being a bank-note or a currency-note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument.
Rs. 'x' is invested in scheme 'A' offering simple interest such that interest earned after 5 years is Rs. 600. If the amount received is further investe...
A man borrows ₹12,000 at 10% per annum simple interest for 5 years. He repays ₹6,000 at the end of 3 years. What amount should he repay at the end ...
A sum of Rs. 4500 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find ...
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.
A took a loan of Rs.4880 at simple interest of 25% p.a. and invested the same money in a scheme at simple interest of 35% p.a. Find the profit earned by...
Rs. 5,000 is invested for 3 years in scheme ‘X’ offering simple interest at 8% per annum. The interest earned is equal to the interest obtained when...
A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 y...
Simple interest received at the rate of 15% p.a. for 2 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for ...
Rs. 9000 is invested in scheme ‘A’ for 2 years and Rs. 7500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 10% ...
The difference between compound interest and simple interest at the same rate for Rs. 1800 for 2 years is Rs. 18. The rate of interest per annum is:
