Question
In a documentary credit transaction, what is the
significance of the 'expiry date' mentioned in the letter of credit?Solution
The expiry date in a documentary credit specifies the latest date by which the exporter must present the required documents to the bank in order to receive payment. If the documents are presented after this date, the exporter may not receive payment under the terms of the letter of credit.
In a garden, the ratio of roses to tulips is 2:3. After planting 6 additional roses and 4 additional tulips, the ratio of roses to tulips changes to 3:4...
If 75% of (P - Q) equals 25% of 60% of (P + Q), what is the ratio of Q to P?
Two boxes have chocolates in the ratio 7:5. If the difference in the number of chocolates is 28, find the number of chocolates in the box with larger nu...
The average mark obtained by 150 candidates in a certain examination is 45. If the average marks of passed candidates are 55 and that of the failed cand...
A certain amount was divided among four people P, Q, R and S such that the amount obtained by S is 12.5% more than the amount obtained by Q. The amount ...
In a chemistry lab two beakers A and B contains 36% and 40% of spirit respectively. If two liters from A is mixed with 4 liters of B. The ratio of spiri...
The ratio of number of girls to number of boys is 3 : 2 in a class of 60 students. The average marks scored by the boys in Physics is 72 and the average...
If the ratio of income of Aman and Rahul is 5:4 and the ratio of their expenses is 3:2 and each saved Rs 1600 then find the income of Aman.
A bag contains 10-paisa, 20-paisa and 50-paisa coins in the ratio of 8:9:10, respectively. If the total amount in the bag is Rs. 38, then find 80% of th...
- Find the mean proportion between 36 and 100.
