Question
The value of a piece of land increases by 12% each year. If
the present value is ₹1,50,000, find the value after 2 years.Solution
ATQ,
If there is successive increase of ‘a%’ and ‘b%’ on a certain quantity/value, then the net percentage increase = a% + b% + [(a × b)/100]%
So, the net percentage increase = 12% + 12% + [(12 × 12)/100]% = 24% +
(144/100)% = 24% + 1.44% = 25.44%
So, the value of the land after 2 years = 1.2544 × 150000 = ₹1,88,160
Under Section 176(3) of the BNSS, 2023, for offences punishable with imprisonment of seven years or more, which of the following is a mandatory obligati...
Section 4 empowers the Central Government to:
First Information Report is mentioned under
What is the restriction on commission, brokerage, discount, etc., on sale of shares as per the Banking Regulation Act?
Who is eligible for appointment as Governor?
In which year the provisions of Section 16-A which allow keeping of books in computer floppies diskettes was inserted in the Registration Act, 1908?
Under Section 4 of the Indian Trusts Act, 1882, Mr. U creates a trust deed providing: "I settle this property upon Trustee V in trust to support politic...
As per section 97 of the Companies Act, If any default is made in holding the annual general meeting of a company the ______________ may, call, or d...
The ______________________ may delist the securities, after recording the reasons therefor, from any recognised stock exchange on any of the ground or g...
A party can claim compensation for any loss or damage caused to him, by breach of contract, which____________________
