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Start learning 50% faster. Sign in nowPre-shipment / Packing Credit ' means any loan or advance granted or any other credit provided by a bank to an exporter for financing the purchase, processing, manufacturing or packing of goods prior to shipment / working capital expenses towards rendering of services on the basis of letter of credit opened in his favour or in favour of some other person, by an overseas buyer or a confirmed and irrevocable order for the export of goods / services from India or any other evidence of an order for export from India having been placed on the exporter or some other person, unless lodgement of export orders or letter of credit with the bank has been waived.
‘A’ and ‘B’ invested Rs. 4600 and Rs. 2800, respectively in a business, together. After 6 months, ‘A’ withdrew 25% of his initial investment...
A, B and C invest in a partnership in the ratio 4:3:6 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
P and Q together started a business with initial investment in the ratio of 1:13, respectively. The time-period of investment for P and Q is in the rati...
A, B, and C form a partnership with their investments in the ratio of 4:5:6. After 6 months, A raises his investment by 25%, B reduces his investment by...
A spent 25% of his monthly income on study and 55% of the remaining on rent. If amount spent on rent is Rs. 825, then find the amount spent on study
P and Q together started a business with initial investment in the ratio of 4:5, respectively. The time-period of investment for P and Q is in the ratio...
‘A’ and ‘B’ entered into a partnership by investing Rs. 9000 and Rs. 5200, respectively. If ‘A’ invested his sum for only 4 months and the t...
A and B started a business by investing sum in the ratio 5:8 respectively for 6 and 10 months respectively. If annual profit earned by B is Rs.2200, the...
‘C’ and ‘D’ started a business by investing Rs. 30,000 and Rs. 25,000, respectively. ‘D’ manages the business and for that he is entitled to...
X and Y initiated a partnership, with investments of Rs. 5000 and Rs. 6000 respectively. Six months into the partnership, Z joined by contributing Rs. 4...