The mortgagor ostensibly sells the mortgaged property in-
Transfer of Property Act Section 58. “Mortgage”, “mortgagor”, “mortgagee”, “mortgage-money” and “mortgage-deed” Defined (c) Mortgage by conditional sale.— Where the mortgagor ostensibly sells the mortgaged property— on condition that on default of payment of the mortgage-money on a certain date the sale shall become absolute, or on condition that on such payment being made the sale shall become void, or on condition that on such payment being made the buyer shall transfer the property to the seller, the transaction is called a mortgage by conditional sale and the mortgagee a mortgagee by conditional sale: [Provided that no such transaction shall be deemed to be a mortgage, unless the condition is embodied in the document which effects or purports to effect the sale.
Rs. P invested at R% p.a. gives simple interest and compound interest (compounded annually) of Rs. 640 and Rs. 665.60 respectively at the end of 2 years...
A man invested Rs. 8,000 at simple interest of 'x%' p.a. and received Rs. 16,000 after 2 years. If he had invested Rs. 24,000 at simple interest of 'x%'...
A, B, and C all three invested in scheme at 20% SI for 2 years. A, B, and C entered in partnership with interest received from the scheme for 1 year, 8 ...
A certain sum of money becomes 4000 in 6 years and Rs. 5000 in 10 years at any certain rate of simple interest. Find the principal amount.
The difference between compound interest and simple interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same ...
The simple interest received on a certain sum is Rs. 500 less than the sum invested. If the sum was invested at 10% p.a. for 6 years, then find the simp...
Veeru invested Rs. 3100 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...
The difference between the simple interest and the compound interest on 25000/- at 10% per annum for 2 years is:
In what time will Rs. 21000 amount to Rs. 27951 @ 10% compound interest?
The difference of S.I and C.I on an amount of Rs. 40000 for 2 years is Rs. 64. What is the rate of interest?
