Question
The difference between compound interest and simple
interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amount for a period of 2 years at rate of 10% per annum.Solution
Let, the amount be Rs. P. P[(1 + 20/100)2 – 1] – P × 20% × 2 = 240 P × 0.44 – P × 0.4 = 240 P × 0.004 = 240 P = 240 ÷ 0.004 = Rs. 6000 Therefore, required interest = 6000 × 10% × 2 = Rs. 1200
An Arbitration agreement can be :
A person commits the offence of undue influence at an election, he voluntarily:
A plea questioning the jurisdiction of the arbitral tribunal ________________
Which one of the following is not correctly matched:
Which of the following are ancient sources of Hindu Law?
A. Shruti
B. Smriti
C. Legislation
D. Precedent
Which is the correct order of examination of Witnesses?
If the trustee does not want to accept the trust property he may
A private placement shall be made only to a select group of persons who have been identified by the Board and whose number shall _______________ excludi...
Administrative Tribunals exercises
Which of the following is not a valid arbitration agreement?