Question
A bank certificate issued in more than one country for
shares in a foreign company. The shares are held by a foreign branch of an International Bank. This certificate is called:Solution
Global Depository receipt refers to the name given for the depository receipt where the security certificate is issued by financial intermediaries such as a depository bank that purchases the securities of a foreign country, then creates a bank certificate that consists of such shares and finally sells them in the stock exchange.
Karan and Arjun invested Rs. 2750 and Rs. 2250 respectively in a venture. If the yearly profit amounts to Rs. 10,000, find the difference between their ...
A invests Rs. (P + 800). After four months, B joins with Rs. 3P. If the ratio of B’s annual profit share to A’s is 6:5, find (P − 200).
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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...
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Three partners, X, Y, and Z, invest Rs 24,000, Rs 30,000, and Rs 36,000 respectively in a business. The total profit after one year is Rs 48,000. If par...
A and B launched a business with initial investments of Rs. 2000 and Rs. 3600, respectively. Three months into the venture, C came on board with an inve...
- Arun and Meena start a business with investments in the ratio 7:3 respectively. After 4 months, Neha joins with an amount equal to the average of both. If ...