Question
In a Letter of Credit transaction, who bears the primary
responsibility of payment to the exporter?Solution
The issuing bank guarantees payment to the exporter upon fulfillment of documentary terms, not the importer directly.
Pipe ‘A’ can fill a tank in 27 hours. Pipe ‘B’ can empty it in 54 hours. If both are opened simultaneously, in how many hours will 66.67% of the...
A water pipe can fill a reservoir in 7 hours, but a leakage can empty it in 14 hours. If both work at the same time, when will the reservoir be full?
A water tank can be filled in 20 minutes by an inlet and emptied in 30 minutes by an outlet. Calculate the time required to fill half of the tank with b...
Pipe E can fill a tank in 40 minutes while pipe F can fill the same tank in 50 minutes. If pipe E and F are opened simultaneously, then after how much t...
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Pipes A and B can fill an empty tank in 20 hours and 24 hours, respectively, while pipe C can drain the full tank in "x" hours. If all three pipes (A, B...
Two pipes M and N can fill a tank in 14 hours and 21 hours respectively. The pipes were opened together, but pipe N stopped working after sometime and t...
Two inlet pipes M and N alone can fill a tank in 12 hours and 16 hours respectively and an outlet pipe P alone can empty the whole tank in 8 hours. Firs...
A tank can be filled by pipe A in 12 hours and by pipe B in 18 hours. A waste pipe C can empty the full tank in 36 hours. If all three pipes are opened ...
Pipe A alone fill the tank in x hours and Pipe B alone fill the tank in (x – 10) hours. If the efficiency of pipe B is triple of pipe A and pipe A...
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