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RBI guidelines strictly prohibit using introductions from existing customers as a means of verifying new customers. This is to ensure that financial institutions independently verify the identity of their customers, avoiding the risks associated with fraudulent activities. The other options are requirements as part of the Customer Identification Procedure (CIP) , ensuring thorough customer verification and documentation.
An article is sold for Rs. 450 at 40% profit when profit is calculated on selling price. Find the profit% on cost price?
Cost price of a bag is Rs.500. The shopkeeper marked it 60% above the cost price and sold it after giving a discount of 22%. If the shopkeeper had sold ...
A man bought an article at a certain price, marked it 32% above the cost price and sold it after giving a discount of 25%. If he had bought it for 20% l...
The cost price of 20 mangoes is Rs.208. Because of bad quality of mangoes, the shopkeeper has to sell mangoes at a loss that is equal to selling price o...
A man purchases an equal number of oranges at two different rates: 3 for Rs 13 and 5 for Rs 20. He then sells all the oranges at a rate of 4 for Rs 15. ...
Mina sold 25 lamps at a profit of 20%. If she had sold all the lamps for Rs. 2500 more, her overall profit would have been 40%. What is the selling pric...
A dishonest seller, at the time of selling and purchasing uses weight 20% less and 20% more per kg respectively and marks up the price of his goods by 3...
A seller marked his article 65% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole trans...