Question
Rohit invested a certain amount at the rate of 6
p.c.p.a. and obtained a simple interest of Rs 8,730 at the end of 3 years. What amount of compound interest would he obtain on the same amount at the same rate of interest at the end of 2 years?Solution
Let the principal be Rs. x S.I = (P × R × T)/100 8730 = (x × 6 × 3)/100 x = 48500 Now, C.I. = P(1+ R/100)t – P C.I. = 48500 (1 + 6/100)2 – 48500 C.I. = Rs. 5994.60
Fundamental rights are covered under Part________ and ________ Articles of the Constitution.
The executing court shall certify execution of decree to:
The "Internal Ombudsman" in a bank cannot be:Â
Which of the following correctly characterizes the constitutional status of the State Election Commission?
Registration of which of the following documents is compulsory ?
Under Section 16(1) of the Limitation Act, 1963, if a person who would have had the right to institute a suit dies before the right accrues, when does t...
What shall be credited to the Pension Regulatory and Development Fund as per the PFRDA Act?
Administrative law is:
The choice of arbitrator rests with whom in case parties fail to decide?
Provisions of longer period in the matter of accumulation of property under sec 17 of T.P. Act amounts to:
Relevant for Exams:
