Question
In the context of wire transfers, who is defined as the
“Beneficiary” according to RBI’s KYC guidelines?Solution
The “Beneficiary” in a wire transfer is the person or entity designated to receive the funds from the transaction. This individual or entity is typically specified by the originator, ensuring the correct party receives the amount transferred.
An article is marked 40% above the cost price. If a discount of x% is given on the marked price of the article, then a final profit of 12% is obtained. ...
The marked price of a pen and pencil is in the ratio of 5:6. The shopkeeper gives a 10% discount on the pen. If the total discount on both the pen and t...
Successive discounts of 18% and 22% are equal to a single discount of ______.
A dishonest trader marks up his goods by 50% and then allows a discount of 20% on its marked price. Additionally, he uses a faulty scale which measures ...
Ram gave a discount of 20% on the marked price of an item and still gained 10.4%. How much would have Ram gained, if he sold the item at the marked price?
A doll is marked for Rs.2,500. A customer pays Rs.1,800 for it. If the customer got a series of two discounts and the rate of the first discount is 10%,...
A chair is sold for Rs810 after giving a discount of 10% on its marked price. The cost price of the chair is Rs720. If it is sold at the marked price, t...
A shopkeeper wanted to sell Rs.2,000 worth of products. But he had two options, giving three successive discounts of 10% each or giving a single discoun...
At a clearance sale, a shopkeeper gives a 45% discount. If a customer paid Rs. 330 during the sale, then what is the marked price of that shirt?
The marked price of a toaster and the dryer are in the ratio 1 :2. The shopkeeper gives 20% discount on the toaster. If the total discount on the toaste...
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