Question
The maximum number of partners allowed in a partnership
firm carrying on banking business is:Solution
Historically, the limit for a banking partnership was 10 partners. (Note: Current company laws have revised general partnership limits to 50/100, but the 10-partner rule is the classic specific limit for banking business) .
Monthly income of A is Rs. 44500 out of which he spent 22%, 14% and 23% of his total income in rent, medicine and transportation, respectively. Find his...
Gaurav spends 25% of his salary on grocery and 35% of the remaining amount on electricity bills. If Gaurav saves Rs. 33637.5, what is his total salary?
The price of a commodity is increased by 25% and then decreased by 20%. What is the net percentage change in the price?
A jacket originally priced at ₹3,000 is on sale for 20% off. If a 5% sales tax is applied after the discount, what is the final price of the jacket?
- In a mayoral election, candidate P got 75% of the total votes, winning over candidate Q by 9,600 votes. What is the number of votes secured by candidate Q?
Meenu spent 20% of the salary on entertainment and 10% on makeup. She spent 20% of the remaining on the food and 50% of the remaining invested in mutual...
In a school, the number of girls is 25% less than the number of boys. If the number of boys increases by 20% and the number of girls decreases by 10%, f...
Two numbers are respectively 45% and 27% of a third number. What percent of the first number is the second number?
A invested a certain amount in Debt and Equity mutual funds in the ratio of 5: 7 respectively. At the end of one year, he earned a total dividend of 30%...
PQ is a line of length 18 cm. A point R is placed such that PR = 5 cm. If PR is increased by 40%, what percent does QR decrease?
