Question
A woman borrows Rs. 80,000 from a bank at 8% per annum.
She invests Rs. 30,000 of it in a business at 12% per annum and the rest at 10% per annum. Calculate her net profit or loss after one year.Solution
ATQ, For the borrowed amount For the amount invested in business
For the remaining amount:-
Total return: 33600 + 55000 = 88600 Net profit: Profit = 88600 − 86400 = 2200 Therefore, The woman makes a profit of Rs.2200
According to CPC precept is issued by _____________ to _____________
For the liability of the master to arise in the context of vicarious liability, which of the following is NOT one of the essentials?
Which word is related to "hot" in the same way as "cold" is related to "ice"?
Abetment of abetment is:
Writ of Certiorari can be filed before?
According to Article 38(2) of the International Court of Justice (ICJ) Statute, what does the provision state regarding the power of the Court to decid...
An appeal from an order of the NGT lies to?
To constitute "Bailment":
Under the Companies Act, when does the winding up of a company by the Tribunal commence?
A enters B’s house through a window. A commits