Question
The respective ratio of monthly income of A to monthly
income of B is 8:9, and A’s saving is (100/9) % more than B’s saving. Find the expenditure of A, if the sum of monthly income of A and B is Rs. 68000, and expenditure of B is Rs. 18000.Solution
Let monthly income of A and B be 8x and 9x, respectively. Then, 8x + 9x = 68000 17x = 68000, x = 4000 A’s monthly income = 8x = Rs. 32000 B’s monthly income = 9x = Rs. 36000 Given, expenditure of B = Rs. 18000 So, B’s saving = 36000 – 18000 = Rs. 18000 Then, A’s saving = 18000 + (1/9) × 18000 = 18000 + 2000 = Rs. 20000 A’s expenditure = 32000 – 20000 = Rs. 12000
In a normal distribution, what percentage of observations lie within one standard deviation of the mean?
As per the guidelines of the Basel Committee for Banking Supervision (BCBS), credit losses on stage 1 assets will be categorised as _______ provisions a...
What new regulatory framework did SEBI introduce to redefine market capitalization computation for listed companies?
Which of the following statements is/are correct regarding Securities and Exchange Board of India (SEBI)?
1)SEBI is the regulatory body for capit...
According to the Union Budget 2023-24, consider the following statements regarding Cooperation:Â
1. New co-operatives that commenc...
The company reported:
• Purchase of Fixed Assets = ₹4,00,000
• Sale of Machinery = ₹1,50,000 (Book Value ₹1,20,000)
• P...
The treasury department have evolved in importance over number of years, which of the following is not a function of treasury department:
A loan is classified as 'doubtful' when it remains NPA for:
Under the Simplified Turnover Method, what percentage of the projected annual turnover is typically used to calculate the working capital requirement?
Under RBI norms, a borrower is considered wilful defaulter if:
Relevant for Exams:
