Question
On September 03, a saving bank customer in India,
requests for issue a USD 10000. Theinter-bank currency rates are as under: Spot rate: 1 USD = Rs.75.00 /0.50 Sep forward margin = 0.35 / 0.40 Bank requires an exchange margin of 0.15%. What rate will be quoted and how much amount will be debited to customer's account.Solution
Here TT selling rate should be used and exchange margin will be added, since for thebank, it is a sale transaction. Spot rate selling rate = 75.50 Add margin @ 0.15% = 75.61 Gross amount due from customer = 75.61 x 10000 = 756100
If 30% of the male travelled in Public vehicles in 2015, then find the number of females travelled in Public vehicles in the same year.
What is the average number of Bikes manufactured by companies Hero, Bajaj and TVS?
Line graph given below shows the goal scored by different players in a football match.
The Speed of two cyclists follow a ratio of 9:5. If the slower cyclist covers a distance of 480 km in 6.4 hours, determine the time it takes for the fas...
Number of Sold Nokia mobile in months of March, May and December together is approximately what percent of Number of sold Samsung mobile in months of A...
What is the difference between average number of article sold by B and D on all the four days?
What is the difference between the number of cars sold on June and number of unsold cars on August?
What is the total number of female students who took admission in Civil, CS and Biomedical together?
If the shop sold 60% of the total number of pizzas baked by it on the day on which number of regular sized pizzas baked by it is maximum, then find the ...
The bar graph given below shows the total number of employees (men and women) in four different Companies and the percentage of number of women out of t...
Relevant for Exams:
