Question
The activities of the bank covering issue and
underwriting of shares and debentures for its clients are known as:Solution
Merchant bank is an institution that covers a wide range of activities such as underwriting of shares, portfolio management, project counselling, bankers to issue, credit syndication, insurance, etc. They render these services for a fee. Both commercial and investment banks may engage in merchant banking activities.
By selling a fan for Rs 3,540, a shopkeeper gains 18 percent. Find the selling price when the profit is reduced to 12 percent.
Aman purchased 4 pens, 5 pencils and 8 scales for Rs. 120. Had Aman purchased 7 pens, 8 pencils and 11 scales, he would have to pay Rs. 192. Pankaj dema...
If the cost of 30 articles is Rs. 4,500, then find out the cost of 12 articles.
Sudha bought an article for RS 6,200 and sold it at a loss 25%. With this amount, she bought another article and sold it at a gain of 4%. What was her o...
