Question
What is the single discount equivalent to the successive
discounts of 15%, 25%, and 5%?Solution
Given - 15%, 25%, and 5% successive discount of the first two- =25+15-(15×25)/100 =40-3.75 =36.25% so now 36.25%and 5% =36.25+5 -(36.25×5)/100 =41.25-1.8125 = 39.4%
Financial Instruments such as Call Money, commercial paper, Bills of exchange, T-Bills, are traded in which of the following market?
Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:
Inventory is disclosed in financial statements under:
- Mr. A has the following incomes during the year:
- Income from Salary: ₹4,00,000
- Income from House Property (net after deductions): �...
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
Why should test data prepared during the implementation phase of a program be preserved in information system?
Calls in arrear is shown in Balance Sheet as?
What does ERP stand for?
Which of the following is a real (or permanent) account?
What is the primary function of the National Payments Corporation of India (NPCI)?