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S.89. Settlement of disputes outside the Court.—( 1) Where it appears to the Court that there exist elements of a settlement which may be acceptable to the parties, the Court shall formulate the terms of settlement and give them to the parties for their observations and after receiving the observations of the parties, the Court may reformulate the terms of a possible settlement and refer the same for :— (a) arbitration; (b) conciliation; (c) judicial settlement including settlement through Lok Adalat: or (d) mediation.
The difference between the simple interest for two years and the compound interest for one year on a sum of money is Rs.273. In which compound interest ...
Rs. 5500 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% ...
What will be the ratio of simple interest earned on certain amount at the same rate of interest for 8 years and that for 10 years?
Simica invested a certain amount of money at a simple interest rate of 12.5% per annum and earned Rs. 2,400 as interest over 3 years. If Tabu invested t...
Akshay invested Rs. 1200 in two schemes P and Q in the respective ratio of 7:3. Scheme P and Q are offering simple interest at the rate of 10% per annum...
If an investment of Rs. 5,120 grows to Rs. 6,480 in two years when compounded annually at an interest rate of 'R%' per annum, calculate the value of 'R'.
After 2 years, the ratio between the compound interest obtained from scheme A and B is 99:115 respectively. The total initial investment of both of the ...
A sofa of MRP 1500 is available in Rs.300 cash down payment and 9 monthly equal installment of Rs.150 each. Find the rate of interest per annum.
A shopkeeper marked an article ‘A’ 60% above the cost price and sold it for Rs. 2016 after giving a certain discount while he sold an articl...
A sum of Rs. 3700 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find ...
