Question
The income of P is 3/4 th of the income of Q
and income of R is 70% more than the income of Q. Income of Q is Rs.24000 and expenditure of P is 25% of the expenditure of R. If R saves 20% of his income, then find the savings of P.Solution
Income of Q = Rs.24000 Income of P = 3/4 × 24000 = Rs.18000 Income of R = (170/100) × 24000 = Rs.40800 Savings of R = 40800 × (20/100) = Rs.8160 Expenditure of R = 40800 - 8160 = Rs.32640 Expenditure of P = (25/100) × 32640 = Rs.8160 Savings of P = 18000 - 8160 = Rs.9840
How long is the feedback window under RBI’s new consultative regulation framework?
Calculate Gross profit ratio:
A bank publishes its internal benchmark for various maturities. Which of the following maturity benchmark, need not be p ublish ed by the bank? Â
The FSIB is responsible for r ecommending to the government the person for appointment to the Board of financial institutions . What is the full form of...
Which of the following can be said to be a way by which commercial banks provide credit to the government?
 Regarding Systematic Withdrawal Plans (SWP) within the framework of mutual funds, which of the following best describes its primary function?
Zurich is considered as a Niche Financial Centre. It focuses on ________.
As per the Annual Report of IIFCL 2023-24, who is the Managing Director of IIFCL?
Which of the following are adjusted from the net profit to arrive at the operating cashflow under indirect method?
A.   Depreciation
The minimum age of joining APY is 18 years and maximum age is _____.