Rs.5400 is divided into two parts such that if one part be invested at 6% and the other at 9%, the annual interest from both the investments is Rs. 435. Find each part.
Let the amount lent at 6% rate = Rs. x. Then, amount lent at 9% rate = 5400 - x So, => 6% of x + 9% of (5400 - x) = 435 => 9% of 5400 – 3% of x = 435 => 486 – 3% of x = 435 => 3% of x = 51 => x = (51/3) × 100 => x = Rs. 1700 Amount lent at 6% rate = Rs. 1700 Amount lent at 9% rate = 5400 – 1700 = Rs.3700
Under section 32 of Registration Act a document for registration can be presented:
Who is the ex-officio chairman of the Council of States?
Under what conditions can an insurer invest in companies belonging to its promoters as laid down in the insurance Act?
In a suit of damages, the amount of damage is a______.
______________ under the Banking Regulation Act, 1949 means the accepting, for the purpose of lending or investment, of deposits of money from the publi...
When a person asserts any fact before the court which gives rise to any legal right or liability, the burden of proof lies on__________?
According to Sales of Goods Act, 1930 which of the following accurately describes the legal effect of a person, who has sold goods but continues to pos...
According to Section 76, nothing is an offence, which is done by a person who is or who by reason of:
What are the various ground on the basis of which RBI may cancel a licence granted to a banking company?
Is According to the Contract Act Consideration not necessary_____________