Question
A man invested Rs. 12000 in bank A at 10% p.a. compound
interest for three years. The interest received from the bank A is Rs. 1472 more than the interest on some other amount invested in bank B at 8% simple interest for 5 years. What is the amount invested in bank B?Solution
Compound interest earned from bank A = 12000 × [(1 + 10/100) 3 – 1] = 12000 × 0.331 = Rs. 3972
Simple interest earned from bank B = 3972 – 1472 = Rs. 2500
Let, the amount invested in the bank B be Rs. x.
So, 2500 = (x * 8 * 5)/100
250000 = 40x,
x = Rs. 6250
Therefore, the amount invested in the bank B = Rs. 6250
All sums realised by way of penalties under the SEBI Act shall be credited to the __________________
In which of the following cases the principle of res gestae was discussed briefly and as an exception the Hearsay rule?
Provision of Sections 143 & 147 for speedy trial of offences relating to bouncing of Cheques were inserted by:
For Registration of documents under Section 32 of the Registration Act, who can present documents for registration at registration- office:
Appeals filed before Securities Appellate Tribunal to be disposed within ___________ from the date of receipt of appeal.
As per Section 12 of the Limitation Act, in computing the period of limitation for any suit, appeal or application, the day from which such period is to...
According to the provisions of IPC what is the liability of A, a police officer, who abets the commission of robbery?
The application made for the initiation of the CIRP to the Adjudicating Authority should be accepted or rejected by the Authority within__________________
A, a client, says to B, an attorney –– “I have committed forgery and I wish you to defend me.” This communications is:
Where there is more than one conciliator, what is the general rule regarding their action?