Question
Which of the following is the primary purpose of a
Letter of Credit (LC) in trade finance?Solution
A Letter of Credit (LC) is a financial instrument used in international trade to guarantee that a buyer’s payment to a seller will be received on time and for the correct amount. If the buyer fails to make a payment, the bank that issued the LC covers the amount.
The perimeter of a rectangular field is 44 metres and its area is 114 m2 . What is the length of the diagonal of this field?
A box has 80 Red, 40Blue and 40 Black Balls. 25% of Red Balls and 50% of Blue Balls are taken away, percentage of Black balls at present is
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If the area of a square field is 484 m2, then find the diagonal of the square field.
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Perimeter of a square and circumference of a circle are in the ratio 10:11, respectively. If area of the square is 100 cm2, then find the rad...
The length of a rectangle, area of which is 315 cm2, is equal to the radius of a circle of area 3850 cm2. Find the perimeter of th...
The perimeter of a rhombus is 60 m and its height is 5 m. Its area is:
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