Question
According to the revised RBI instructions, when must a
Tier 1 Urban Co-operative Bank seek RBI’s prior approval to grant unsecured advances?Solution
The "Master Circular – Exposure Norms and Statutory Restrictions for UCBs" specifies that UCBs must seek RBI approval when unsecured advances exceed 10% of their total assets.
An article Marked price is 30% above its cost price and it is sold at a discount of 10% making a profit of Rs.850.Then, what will be the selling price o...
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A shopkeeper marks up the price of an article by 40% above its cost price. During a sale, he offers a discount of 20% on the marked price. If the sellin...
A shopkeeper sells an article for Rs 80 and earns thrice the profit that he would have earned on selling this article for Rs 69. Find the C.P of ...
A laptop costs 20 times the cost of a headphone. On the laptop there is a profit of 10% while the total profit on selling the headphone and the laptop i...
A shirt is marked 40% above the cost price and sold after a discount of Rs.126 at Rs.322. Find the cost price of the shirt.
The cost price of 32 pineapples is Rs. 80. If they are sold at a 20% profit, how many pineapples need to be sold for exactly Rs. 72 to break even, consi...
An article sold for Rs. 140.60 yields a 48% profit. To achieve a 64% profit, what should be the new selling price?
A shopkeeper sold an article at a discount of 11%. If he had given a discount of 6% in place of 11%, then he would have earned Rs. 112 more. If the cost...
Two varieties of rice are mixed together – type 'P' costing Rs. 60/kg and type 'Q' costing Rs. 100/kg. The mixture is then sold for Rs. 126/kg, yieldi...
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