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Micro ATMs are card swipe machines through which banks can remotely connect to their core banking system. This machine comes with a fingerprint scanner attached to it. In other words, micro-ATMs are the handheld point of sale terminals used to disburse cash in remote locations where bank branches cannot reach. Micro ATMs are similar to point of sale (PoS) terminals and are a doorstep mobile banking arrangement cum-mobile ATM device.
A and B started a retail store with initial investments in the ratio 7:8 and their annual profits were in the ratio 2:3. If A invested the money for 8 m...
Pragya and Pankaj started a business investing Rs.70, 000 and Rs. 30,000 respectively. In what ratio the profit earned after 2 years be divided?
A, B, and C invested ₹50,000, ₹70,000, and ₹80,000, respectively, to start a business. At the end of the year, the profit was ₹60,000. If A with...
A man invests ₹40,000 in a business. After 3 years, he sells 40% of his stake for a 30% profit and reinvests the amount. After another 2 years, he sel...
P and Q started a business by investing Rs. 10,000 and Rs. 15,000 respectively. p also worked as the active manager and for that he is entitled to recei...
If the ratio of time periods of investment of A and B is 5:6, profit at the end of the year is Rs.100000 and A’s share in it is Rs.25000, then what is...
Amit and Shikha initiated a business, with Shikha investing Rs. 6,000 more than Amit. After one year, Amit added Rs. 4,000 more to his initial investmen...
‘D’, ‘E’, and ‘F’ started a business with initial investments of Rs. 18000, Rs. 15000, and Rs. 24000, respectively. A condition was set that...
A, B and C hired a taxi for Rs. 850 and used it for 4, 6, 7 hours respectively. Hiring charges paid by B are:
