Question
Nisha deposits Rs. 'z' and Rs. (z + 1000) in two accounts
for 1 year each. The first earns 11% and the second 9% simple interest. If the total interest from both is Rs. 1,960, determine the value of 'z'.Solution
ATQ,
Simple interest = Principal × Rate × Time ÷ 100
ATQ,
z × 11 × 1 ÷ 100 + (z + 1000) × 9 × 1 ÷ 100 = 1960
→ 0.11z + 0.09z + 90 = 1960
→ 0.20z = 1960 - 90 = 1870
→ z = 1870 ÷ 0.20 = 9350
Contract made by a person under Undue influence is:
Under order 8 rule 6 C.P.C. set-off may be permitted if
According to section 105 of the Bharatiya Nagarik Suraksha Sanhita, 2023, what is the prescribed method for recording the process of conducting a search...
Whoever threatens another with any injury to his person, reputation or property with intent to cause alarm to that person, or to cause that person to do...
A person can be summoned as a witness under section 160 of the CrPC by:Â
Which of the following legal systems is based on judicial precedent?
What is the punishment for assaulting the President, Governor to restrain the exercise of any lawful power?
A tort is the outcome of the breach of such ______ which are imposed by law.
When did the Arbitration and Conciliation (Amendment) Act, 2021 receive Parliamentary assent, replacing the Arbitration & Conciliation (Amendment) Ordin...
According to Indian Partnership Act, 1932 what entitlement does an outgoing partner or their estate have if the surviving partners continue the busines...
Relevant for Exams:
