Question
Which of the following working capital platform has got
an in-principle approval from the Reserve Bank of India to set up and operate Trade Receivable Discounting Systems (TReDS) platform in India?Solution
C2FO, a global on-demand working capital platform, announced that its India arm C2FO Factoring Solutions Private Limited has got an in-principle approval from the Reserve Bank of India to set up and operate Trade Receivable Discounting Systems (TReDS) platform in India. With this, C2FO has become the fourth platform to get the license to operate TReDS after Receivables Exchange of India Ltd (RXIL), M1Xchange and Invoicemart. The company is planning to leverage its network and understanding of the 50,000 MSME suppliers and big corporations in the country as it builds the TReDS platform. Besides that, C2FO will also bring newer technology solutions to India to address the working capital needs of businesses.
A man purchased 'n' apples and sold them at Rs. 'n' per apple. If the selling price per apple had been reduced by 20%, the total profit he would have ea...
The rebate offered on a microwave oven is Rs. 1800, which is Rs. 900 lower than the gain made on its sale. If the purchase cost of the microwave is Rs. ...
A shopkeeper sells a badminton shuttle whose marked price is Rs 15, at a discount of 20% and gives a lollipop costing Rs 2.50 free with each shuttle. Ev...
A bought an article at 20% less of the marked price and sold it at 10% more than the marked price. Find the profit earned by him.
A shopkeeper marks an article at Rs 500. He allows a discount of 10% on the marked price but still makes a profit of 20% on the cost price. Find the cos...
A vendor claims to sell sugar at cost price but uses a faulty scale that shows only 900 grams as 1 kg. What is the approximate profit percentage he earns?
A shopkeeper sold an article at marked price and got a profit of 70%. If he had given a discount of 30%, then find his new profit percent.
- A seller marked an article 60% above its cost price and sold it after allowing 20% discount. If he made a profit of Rs. 56, then find the difference betwee...
The ratio of cost price to marked price of a bicycle is 3:4. It is sold for Rs. 5100 after a discount of 15%. Find the profit earned.
The marked price of a jacket is Rs. 1600. A discount of 10% is given. What is the selling price?
Relevant for Exams:
