Question
A person borrows ₹80,000 at a rate of 10% per annum
compound interest. What is the amount after 3 years?Solution
The formula for compound interest is: Amount = P(1 + R/100)^T, Where P is the principal, R is the rate of interest, and T is the time in years. Amount = 80,000(1 + 10/100)^3 = 80,000(1.1)^3. Amount = 80,000 × 1.331 = ₹106,480 The amount after 3 years is ₹106,480
A re-examination of a case for lack of jurisdiction made by a higher court is?
The court may frame the issues from the materials:
Criminal conspiracy is when two or more persons agree to do, or cause to be done
Which of the following is not true about partnership?
Which of the following Articles of the Constitution refers to Tenure of office of persons serving the Union or a State
No substituted performance of contract under section 20 (1) shall be undertaken unless the party who suffers such breach has given a notice in writing, ...
In which case it was held that every confession is an admission but every admission is not confession?
As per section 46 of the Factories Act,1948__________ is to be provided if the factory is employing more than 250 employees
Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office_______
Which of the following is a valid mode of dissolution of a Partnership?
A. By notice
B. By expiry of fixed term.
C. By death of a partner
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