Question
Kiran lent Rs. 40,000 to a friend at a compound interest
rate of 'b%' per annum, compounded annually. After one year, the friend returned Rs. 44,800. If Kiran had lent the money at simple interest of (b + 2)% per annum instead, how much interest would he have earned?Solution
ATQ, Determine the compound interest rate 'b': Compute the simple interest:
The interest earned would have been Rs.5600.
Under the Information Technology Act, 2005, Section 66 provides punishment for:
Consider the following statements regarding bail provisions in PCA cases:
Statement 1: PCA offences are non-bailable offences under law.
...The state shall provide free and compulsory education to all children of the age:
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Chapter VII of The Indian Evidence Act, 1872 deals with________.
Under the Partnership Act, 1932, the essential element of partnership is:
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If an accused pleads that he did not make the confession, it amounts toÂ