Question
The Special drawing rights is an international reserve
asset, it is created and maintained by which of these?Solution
Special drawing rights (SDR) refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing reserves of member countries.
I and J started a business by investing Rs. (p + 800) and Rs. (2p - 1600), respectively. If at the end of the year, the profit share of I was Rs.22,000 ...
Anna and Ben initially invested Rs. 12,500 and Rs. 15,000 in a business venture. Six months into the business, Anna added another Rs. 2,500 to her inves...
How much a sum was put at fixed rate of simple interest for 5 years. If the interest would have been 6 % higher than the foregoing rate, then Rs. 7500 w...
A and B invested Rs. 7200 and Rs. 9600, respectively, in a business. B invested his money for 2 months longer than A. If A's share of the total profit ...
P started a business investing Rs.10000. After 4 months, Q joined her with the capital of Rs.15000. After another 4 months, R joined them with the capit...
Anand started a business with an initial investment of Rs. 10,800. After a few months, Mohit joined the business with an investment that was Rs. 7,200 m...
Two firms, X and Y, began a joint venture by investing in a ratio of 9:16. After six months, Firm Y withdrew its entire investment. At the end of the ye...
G, L, and M initiated a Construction Materials business with investments of Rs. 4500, Rs. 2700, and Rs. 3600, respectively. After 3 months, G and M each...
Simran and Indu started a business investing Rs. 110, 000 and Rs. 80,000 respectively. In what ratio the profit earned after 2 years be divided between ...
‘K’ and ‘L’ formed a business investing in the ratio 8:7 for 3 years. They decide to give 12% of the profit to a community development fund. If ...
