Question
What is the major difference between a Cash Credit (CC)
and an Over Draft (OD) facility?Solution
Cash Credit (CC) is a short-term loan offered to self-employed customers and businesses to meet their working capital requirements, whereas an Overdraft facility is credit funding offered by banks to individuals and companies to withdraw money from the banks in which they have accounts, even if their account balance is low, zero or below.
Arun allocates his income in the following manner: 20% is spent on food. After food expenses, he uses 20% of the balance on rent. He spends one-fourth o...
Rajesh spent 46% of his monthly income on food and 54% of the remaining of study. If total monthly savings (after spending on food and study) of Rajesh ...
The number of boys and girls in a school is 160 and 220 respectively. 25% of boys left the school while 40 girls took admission in the school. Find the ...
In a village, 40% of the families have bikes, 10% have cars and 10% have both bikes and cars. There are 60 families in the village. How many families ha...
- Income of 'M' is 30% more than that of 'N'. 'M' and 'N' save 50% and 40% of their respective incomes. If their expenditure difference is Rs. 600, what is t...
12.5% of 32000 is how much more than 16.25% of 24000?
A student multiplied a number by 4/5 instead of 5/4. What is the percentage error in the calculation?
If the price of an essential good rises by 18% and the consumer decreases his consumption by 12%, what will be the percentage change in the expenditure?
The number of boys and girls in a school is 200 and 320 respectively. 20% of boys left the school while 40 girls took admission in the school. Find the ...
40% of one number is equal to 30% of another number. If the sum of the two numbers is 280, find their difference.
