Question
According to the Limitation Act, what happens to a suit,
appeal, or application if it is made after the prescribed period, even if limitation has not been set up as a defense?Solution
Section 3. Bar of limitation.β (1) Subject to the provisions contained in sections 4 to 24 (inclusive), every suit instituted, appeal preferred, and application made after the prescribed period shall be dismissed, although limitation has not been set up as a defence.
Compound interest on a certain sum of money for 2 years is Rs.2280 while the simple interest on the same sum for the same time period is Rs.2000. Find t...
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A sum of βΉ12,000 is invested for 3 years at a certain rate of simple interest. If the same sum was invested at the same rate for 2 years under compoun...
If the difference between C.I. and S.I. is Rs. 512 at 20% rate of interest in 3 years, then find the principal on C.I.?
Rs. (n + 150) invested on simple interest amounts to Rs. 1,950 and Rs. 2,250 in 3 years and 5 years, respectively. Find the value of 'n'.
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?Β
The difference between the simple and compound interest compounded annually of a sum at 12% p.a. for 2 years is Rs. 180. Find the sum.