Question
What is forfeiting in the context of international
trade?Solution
An arrangement where a bank or finance company buys a negotiable instrument from an exporter at a discount Forfeiting is a financial arrangement in international trade where a forfeiter (bank or finance company) purchases a negotiable instrument (e.g., Letter of Credit) from an exporter at a discount, providing immediate cash to the exporter while taking on the risk of payment from the importer.
In a two digit positive number, the digit in the unit’s place is equal to the square of the digit in ten’s place, and the difference between...
If a number is added to 52 instead of being added to 25. Approximately what percent of the correct value of the result?
A factory produces three types of products: A, B, and C. The ratio of the number of units produced for A, B, and C is initially 3:4:5. After a revision ...
In an examination, the passing percentage is 35%. 'P' scores 8% less than the passing marks, and 'Q' scores 25% less than 'P'. What percentage less (up ...
Alloy A contains copper and zinc in the ratio 4:5 and alloy B contains copper and zinc in the ratio 7:2. A and B are taken in the ratio 7:4 and melted t...
- First, a number is increased by 52%, and then it is decreased by 45%. Determine the net percentage increase or decrease.
If 35% of 40% of 7/5 of a number is 490, then what is 25% of 2/3 of that number?
The price of wheat has increased by 45%. Mohit has decided to spend only 16% more than what he initially did on buying wheat. What is the percentage dec...
In a company-wide survey, it was discovered that 20% of the employees own a car. Among the remaining employees, 30% have either an Activa or a bike. The...
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...
