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Precedent means the statements of law or the guidance or authority found in the past decisions of courts to be applied for future cases. They make new laws and are binding not only on the parties before the judge but also the future parties.
A man deposited Rs. 22000 at 10% compound interest, compounded annually while Rs. 21500 at 12% simple interest per annum. What will be the difference be...
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...
Rs. 25200 is invested in 3 parts in such a way that Simple Interest on 1st Part at 4% per annum for 3 years, Simple Interest on 2nd part at 6% per annum...
A sum of Rs. 2600 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find ...
₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest...
Atul has Rs.200 with him. He invested 40% of the amount at 5% p.a. for 6 years and rest at 20% p.a. for 5 years. Find the sum of simple interests receiv...
X invested Rs. 3600 at an annual simple interest rate of (a + 10)% and Rs. 2400 at an annual simple interest rate of a%. After 3 years, the total intere...
A certain sum of money invested at R% p.a. fetches a compound interest (compounded annually) of 1630.5 and simple interest of Rs.1500 at the end of 2 ye...
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...
Suresh earned an interest of Rs. 1677 on principal amount of Rs. 5200 at some rate of compound interest in 2 years. How much more/less interest would he...