A certain sum of money becomes 5000 in 6 years and Rs. 6240 in 10 years at any certain rate of simple interest. Find the principal amount.
Simple interest for 4 years = 6240 – 5000 = Rs.1240 Simple interest for 1 year = 1240/4 = Rs. 310 Simple interest for 6 years = 310 × 6 = Rs. 1860 So, required principal amount = 5000 – 1860 = Rs. 3140
According to the Insurance Act, who can receive remuneration or reward for soliciting or procuring insurance business in India?
Within how many days a person should apply for registration?
Which among the following is a Progressive Tax?
Supply of goods packed and transported with insurance. This is a..........
Sales turnover and profit during two years were as follows.
In 2003:
Sales: Rs 1.40.000
Profit: Rs 15,000
In 2004:
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Once the Prospectus is filed with the Registrar of Companies, it is valid for how many days?
