Question
The party who is entitled to receive the payment of a
bill of exchange is called the:Solution
In a bill of exchange, the Payee is the person (or entity) in whose favour the bill is drawn and who is entitled to receive its payment.
P invested Rs. 20,000 in a SIP offering 10% compound interest compounded annually, whereas M invested Rs. 2000 more than the amount invested by P in a S...
'Atul' and 'Bittu' started a business together with investments of Rs. 4500 and Rs. 5000, respectively, for one year. They agreed to split 25% of their ...
Meera started a business with a capital of Rs. 4000. After 2 months, Mohan joined her with a capital, which is 50% more than the capital of Meera. Find ...
D and E invested Rs.24000 and Rs.18000 in a business. After 4 months F joined with Rs.22000. After 3 months of F’s joining, D withdrew Rs.4000 and E w...
Ravi and Kunal started a business where Ravi invested Rs. 15,000. Kunal left the partnership after 6 months. At the end of the year, the ratio of profit...
A and B together start a business with investment of Rs. 2000 and Rs. (x + 600), respectively. If the profit earned after 5 years is Rs. 6000 and share ...
Amit and Rakesh started a business with initial investments of Rs. 2500 and Rs. 2000, respectively. After 6 months, Amit increased his investment by Rs....
A and B started a business with the investments of Rs. (y-2000) and Rs. (y+4000) respectively. After 4 months of the start of the business, B left it an...
A and B invests Rs. (X-1200) and (X+1800) in a business respectively. Investment period of both of them was same. If the total profit is Rs. Y and profi...
Two persons A and B start a business with investment of Rs 12000 and Rs 14000 respectively. After 4 months C also joined them with certain investment. T...
