All single payment transactions of ₹50 crore and above undertaken by entities (non-individuals) should include remitter and beneficiary LEI information. This is applicable to transactions undertaken through the NEFT and RTGS payment systems. In case of RTGS, both customer payment and inter-bank transactions, meeting the above criterion, should include LEI information.
‘A’ and ‘B’ started a business by investing certain sum in the ratio 3:2, respectively for 4 years. If 12% of the total profit i...
P started a business investing Rs.20000. After 4 months, Q joined her with the capital of Rs.25000. After another 6 months, R joined them with the capit...
‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:3:9, respectively. At end of the year, if the difference be...
Ridhima and Minni embarked on a clothing house business with investments of Rs. (a-6000) and (2a-7000) respectively. After 8 months, Minni exited the bu...
X, Y, and Z join a partnership and invest some amount. After one year, X doubles its investment, Y increases its investment by 33(1/3)%, and Z increases...
A, B, and C start a business together. A invests ₹25,000, B ₹35,000, and C ₹40,000. After 1 year, C withdraws his entire capital, and A and B cont...
Aman, Bittu, and Ramesh initiated a business with investments of Rs. 4,000, Rs. 4,500, and Rs. 6,000, respectively. Ramesh invested for 2 months longer ...
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 15,000. If out of a total profit of Rs. 1200, A gets Rs. 400 a...
A and B together started a business with initial investment in the ratio of 4:5, respectively. The time-period of investment for A and B is in th...
A and B enter into a partnership with their initial sum of Rs.35000 and Rs.40000 respectively. After 6 months, a third person C also joins them with his...
